Fitch assigns Akelius a BBB rating
Fitch Ratings assigns Akelius a long-term issuer default rating of BBB.
Akelius’ senior unsecured bonds receive the sector-specific one-notch uplift to BBB+.
Akelius hybrid bonds is graded BBB- and receive fifty percent equity credit.
CFO Leiv Synnes:
- Akelius appreciates that Fitch recognizes the benefit of having a diversified pool of assets in growing and liquid property markets.
Adding a second rating besides Standard & Poor’s opens up funding options and leads to an even more secure position.
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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 11:45 am CET on 25 March 2021.
Akelius Residential Property AB’s D-shares are listed on Nasdaq First North Growth Market Stockholm.
Avanza Bank is the Certified Adviser of the company, firstname.lastname@example.org, +46-8-409 421 20.