Balder receives positive outlook from Moody’sBalder receives positive outlook from Moody’s
Since December 2016 Balder has an Investment Grade rating from Moody’s of Baa3 with a stable outlook. Moody’s has now changed the outlook to positive from stable. Since February 2017 Balder also has an Investment Grade rating from S&P of BBB with a stable outlook."We have changed the outlook on Balder's long term issuer rating to positive from stable because of the company's improved debt maturity profile and unencumbered asset ratio following recent and planned senior unsecured bond issuances whose proceeds will refinance outstanding short dated secured debt”. says Maria Gillholm, Moody'