Fitch Ratings publishes Catena’s long-term credit rating, BBB- with a stable outlook
On May 25, credit rating agency Fitch Ratings has published credit rating BBB- with a stable outlook for the logistics property company Catena.
25 May 2023, 10.00 a.m. CEST
Among other things, the rating reflects the company's strong market position and a strengthened financial risk profile.
- We have worked methodically to create a persistent risk profile and we experience great interest from both national and foreign investors. The rating verifies Catena’s strong financial position and will help us to create conditions for long-term financing, comments David Silvesjö, Catena’s Chief Treasury Officer.
For further information, please contact:
David Silvesjö, Chief Treasury Officer, Tel. +46 (0)730 70 22 22, david.silvesjo@catena.se
Jörgen Eriksson, CEO, Tel. +46 (0)730 70 22 42, jorgen.eriksson@catena.se
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This is information that Catena AB (publ) is obliged to publish under the EU Market Abuse Regulation (MAR) 596/2014. The information was provided by the above contacts for publication at the aforementioned time.
Catena is a listed property company that sustainably develops and durably manages efficient logistics facilities through collaboration. Its strategically located properties supply the Scandinavian metropolitan areas and are adapted for both current and future flows of goods. The overarching objective is to generate a strong cash flow from operating activities to enable sustainable growth and stable returns. As of 31 March 2023, the properties had a total value of SEK 27,939 million. Catena shares are traded on NASDAQ Stockholm, Large Cap.
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