Moody´s affirms Fabege rating Baa2, negative outlook

In November 2023 Moody´s affirmed Fabege rating Baa2 with negative outlook. Moody´s has now affirmed unchanged rating, i.e Baa2, negative outlook.

Fabege has been active on the capital market for many years via commercial paper and bonds. Fabege´s balance sheet continues to be strong with a high equity ratio and a low loan-to-value ratio. Fabege´s focus on the Stockholm market with a modern portfolio in attractive locations and stable customers guarantees continued stability in business.

“For Fabege it is important with continuity and transparency to support the analysis of our credit profile. We feel that we have good confidence from the market, which our latest public issue of SEK 1.2bn last week proves”, concludes Åsa Bergström, CFO at Fabege

Fabege AB (publ)

This information is information that Fabege AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation(596/2014). The information was submitted for publication, through the agency of the contact person set out above, at 2024-06-28, 06.55CET. 

For further information, please contact:
Åsa Bergström, Vice President and CFO, +46 (0) 8 555 148 29, asa.bergstrom@fabege.se
Niclas Sylvén, Head of treasury, +46 70 351 70 29, niclas.sylven@fabege.se

With a focus on commercial properties, Fabege develops attractive locations in the Stockholm area. We are a present partner that puts people front and centre. Our innovative, responsible and flexible ethos enables companies, locations and our city to develop and thrive. We take a long-term approach in our perspective and ownership. We know that when we create sustainably, we also create value. The Fabege share is listed on Nasdaq Stockholm, in the Large Cap segment. For further information, please visit us at www.fabege.com.