Kungsleden has received a rating of ”Ba1” with a ”Positive Outlook” from Moody´s and establishes an MTN program with a frame of SEK 5 billion
Kungsleden AB (publ.) (”Kungsleden”) has received its first ever rating by the rating agency Moody´s. The rating resulted in ”Ba1” grade with ”Positive Outlook”. The statement from Moody´s claims that the rating may be upgraded to an Investment Grade rating provided that the loan-to-value ratio in the long term do not exceed 50 per cent and that the portion of secured borrowing is reduced.Since 2013 Kungsleden has gradually worked to reduce the financial risk in order to create stable conditions for successfully implementing a new business strategy that includes the acquisition of strategic