Platzer maintains ”investment grade” issuer rating, BBB- with stable outlook

Platzer maintains ”investment grade” issuer credit rating, BBB- with stable outlook at the yearly review by the rating institution Nordic Credit Rating AS (NCR). The rating reflects that Platzer still have a stable financial position in the current environment.

- We have been working actively with a long-term approach and taken measures to limit the effects of the increased interest rates and the uncertainty on the capital market. We have made new long-term loans with banks and increased the volume of interest rate hedge. The rating confirms that the measures have had the desired effect and that our financial position remains stable. I am pleased and proud that we may present this sign of strength today, says Fredrik Sjudin, cfo at Platzer.

Nordic Credit Rating AS (NCR) is registered with the European Securities Markets Authority (ESMA) and authorized to perform credit rating activities in the European Union and the EFTA countries. NCR assigns credit ratings to financial institutions and corporate entities based primarily in Denmark, Finland, Iceland, Norway, and Sweden.

For more information, please contact:
Fredrik Sjudin, CFO, Platzer, Tel: +46 (0)721 27 77 78
P-G Persson, CEO, Platzer, Tel: +46 (0)734 11 12 22

Platzer Fastigheter Holding AB (publ) owns and develops commercial property worth SEK 27 billion. Platzer is listed on Nasdaq Stockholm, Large Cap.