Nordic Credit Rating raises Stendörren's long-term credit rating to 'BB'; Outlook stable
Press release 17 December 2024 Stendörren Fastigheter AB (publ) has today received an upgrade of its long-term credit rating from Nordic Credit Rating (NCR), from BB- to BB, with a stable outlook. The upgrade is motivated, among other things, by an improved financial risk profile as a result of a strengthened balance sheet as a result of the new issue of equity and proactive interest hedging. The long-term credit rating is motivated, among other things, by the diversified base of tenants, improved occupancy rate and strengthened operating margins, as well as by the long-term