Hoist Finance’s Baa3 Senior Unsecured ratings affirmed and outlook changed to positive

On November 28 Moody’s Investors Service (“Moody’s”) affirmed Hoist Finance AB (publ)’s (Hoist) ratings, including its Baa3/P-3 long- and short-term Counterparty Risk Ratings (CRR), the Baa3 senior unsecured debt ratings, the Baa3/P-3 long- and short-term issuer ratings, senior unsecured MTN (P)Baa3 ratings, the junior senior unsecured MTN (P)Ba2 ratings, the subordinate MTN (P)Ba3 rating and the subordinate Ba3 rating. The outlooks on the long-term issuer ratings and senior unsecured debt ratings were changed to positive from negative.

“Our retail deposits platform is at the very core of our funding model, and unique to our sector. It provides Hoist Finance with a strong competitive edge especially in this higher-for- longer interest rate environment. It supports our investment pace in new portfolios and our long-term profitability. That our funding structure alongside our increased performance is now broadly recognised in our ratings outlook is another step forward for us in our journey towards becoming the leading NPL asset manager in Europe”, says Harry Vranjes CEO of Hoist Finance.

For more information, please contact:

Sofia Buhlin, Interim Chief Communications Officer
sofia.buhlin@hoistfinance.com
+46 708 98 24 29

About Hoist Finance

Hoist Finance is an asset manager specialised in non-performing loans. For more than 25 years, we have focused on investing in and managing debt portfolios. We are a partner to international banks and financial institutions across Europe, acquiring non-performing credit portfolios. We are also a partner to consumers and SMEs in a debt situation, creating long-term sustainable instalment plans enabling them to convert non-performing debt to performing debt. We are present in 13 markets across Europe and our shares are listed on Nasdaq Stockholm. For more information, please visit hoistfinance.com.