Fitch Affirms SBB’s investment grade rating BBB- with stable outlook
Fith Ratings (”Fitch”) has today affirmed Samhällsbyggnadsbolaget i Norden AB (publ) (”SBB”)’s Investment grade rating BBB- with stable outlook.
Fitch continues to emphasize SBB’s strong and secure cash flows and strong liquidity position.
”SBB has shown that even in these Corona times, the company is able to carry through transactions. Our goal and commitment to achieve and maintain a BBB + rating within the 12-month is firm”, says Ilija Batljan, Founder and CEO with stable of Samhällsbyggnadsbolaget i Norden AB.
For further information, please contact:
Ilija Batljan, CEO and Founder of Samhällsbyggnadsbolaget i Norden AB, +46 70 518 39 67, ilija@sbbnorden.se
This information is information that Samhällsbyggnadsbolaget i Norden AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above on April 6, 2020, at 19:30 CET.
About Samhällsbyggnadsbolaget i Norden AB (publ)
The company’s strategy is to own, manage and develop community service properties throughout the Nordic region and rental apartments in growth regions in Sweden. Through the company's commitment and engagement in community participation and social responsibility, municipalities and other stakeholders find the company an attractive long-term partner. At the beginning of 2018, SBB was named the winner of the Real Estate Company of the Year Award for 2017. The company’s series B shares (short name SBB B) and D shares (short name SBB D) are listed on Nasdaq Stockholm, Large Cap. The company’s preference shares (SBB PREF) are listed on Nasdaq First North Premier Growth Market. Certified Adviser is Erik Penser Bank (contact: certifiedadviser@penser.se / +46 84638300). More information about the company is available at www.sbbnorden.se.