Moody's affirms Castellum's current Baa2 issuer rating with a stable outlook
Castellum Aktiebolag ("Castellum") announced, on 2 August 2021, a recommended public offer to the shareholders of Kungsleden Aktiebolag ("Kungsleden"), to acquire all shares in Kungsleden (the "Offer"), with the intent to combine the two companies.As a result of the Offer, Moody's has evaluated Castellum's rating and announced on 4 August that they affirm the company's current rating of Baa2 with a stable outlook, given Castellum's ambition to keep its loan-to-value ratio below 45% by the end of the year. One of the announced synergies relate to financial costs amounting to approximately