S&P affirms SBB’s investment grade rating BBB- with positive outlook
S&P Global Ratings (“S&P”) has today affirmed Samhällsbyggnadsbolaget i Norden AB (publ) (”SBB”)’s Investment grade rating BBB- with positive outlook. That means that SBB’s rating is BBB- with positive outlook for ratings on the company and its senior unsecured debt. S&P concludes in commenting on the upside scenario: “The outlook remains positive, reflecting our view that we could raise the ratings on SBB within 12 months if its S&P Global Ratings-adjusted debt to debt plus equity drops well below 55 per cent on a sustainable basis and its interest cover ratio and debt to EBITDA improve