Moody’s confirms Atrium Ljungberg Baa2 rating but changes its outlook from stable to negative

In the light of rising market interest rates and financing costs along with the assessment that property prices are falling in the market, Moody’s has decided to update Atrium Ljungberg’s outlook from stable to negative with the justification that both our interest coverage ratio and loan-to-value ratio are challenged.

Nacka, 05/04/2023

Atrium Ljungberg AB (publ)

This information is information that Atrium Ljungberg AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. This information was provided, through the above contact person, for publication on 5 April 2023 at 10.45 CET.

For additional information, please contact:

Ulrika Danielsson, CFO Atrium Ljungberg, tel. +46 (0) 70-647 12 61, ulrika.danielsson@al.se

Atrium Ljungberg is one of Sweden’s biggest listed property companies. We own, develop and manage properties in growth markets in Stockholm, Uppsala, Gothenburg and Malmö. Our focus is on developing attractive urban environments for offices and retail, supplemented with residentials, culture, service and education. The total letting area is approximately 1 million m² valued at SEK 60 billion. Our areas include more than 30,000 workers and students as well as 1,000 residents. Our project portfolio will enable us to invest the equivalent of approximately SEK 40 billion in the future. Atrium Ljungberg is listed as ATRLJ-B.ST on the NASDAQ Stockholm Large Cap list. Find out more at www.al.se