Transcom Holding AB (publ): S&P upgrades Transcom’s Credit Rating from B- to B
S&P Global Ratings (Standard & Poor’s) has upgraded Transcom Holding’s ratings, and the group’s €315 million senior secured floating rate notes due 2026, from B- to B, outlook stable. S&PGR cites significant improvement of performance in 2021 and 2022 as drivers of the upgrade. “S&P’s credit rating is an important benchmark of credit quality, and we’re happy to see that they are recognizing our solid operational performance. Our strategy, focusing on the technology and e-commerce sectors, and increasing the share off near- and offshore delivery, and focusing on sales has resulted in a