Fitch Affirms Investment Grade Rating of ’BBB-’ for Heimstaden Bostad, Raised Outlook to Stable
Fitch affirms Heimstaden Bostad’s Long-Term Issuer Default rating (IDR) of ‘BBB-‘ and raises the Outlook to Stable from Negative.
Co-CEO Christian Fladeland comments:
"The stable outlook validates that Heimstaden Bostad continues to deliver on its base case performance which includes stronger than ever operational results supported by stabilised credit metrics. We remain committed to taking prudent measures to return to a ‘BBB’ rating.”
Contact:
Frederik Stentoft Berling, Media Relations
+45 2130 9489, media@heimstaden.com
Cody Nelson, Investor Relations
+47 948 94 196, ir@heimstaden.com
About Heimstaden Bostad:
Heimstaden Bostad is a leading European residential real estate company with more than 162,000 homes across nine countries with a property value of SEK 330 billion. We acquire, develop, and manage properties with an evergreen perspective. Guided by our Scandinavian heritage and values Dare, Care, and Share – our about 2,000 colleagues fulfil our mission to enrich and simplify our customers’ lives through Friendly Homes. Read more at www.heimstadenbostad.com
This information is such information that Heimstaden Bostad AB (publ) is obliged to publish in accordance with the EU Market Abuse Regulation. The information was submitted, through the agency of the above contact persons, for publication on 10 January at 19:10 CET.
