Akelius lowers the risk
Akelius adjusts the finance policy.
The new policy highlights the ambition to have a credit rating of BBB+ or better.
The credit rating shall be minimum BBB.
Starting from 2020:
‒ the loan to value should be lower than 40 percent
‒ the interest coverage ratio, excluding realized value growth, should exceed 2.0.
Stockholm, 2018-10-19
Pål Ahlsén
CEO
+46 768 07 97 02
This information is information that Akelius Residential Property AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 6.00pm CET on October 19, 2018.
The company’s preference shares are listed on Nasdaq First North. Avanza Bank is the Certified Adviser of the company.