Fitch affirms SBB’s investment grade rating BBB- with stable outlook and assigns First-Time Short-Term ‘F3’ rating
Fith Ratings (”Fitch”) has today affirmed Samhällsbyggnadsbolaget i Norden AB (publ) (”SBB”)’s Investment grade rating BBB- with stable outlook and has assigned SBB a short-term ‘F3’ rating (F3 is an investment grade rating for commercial paper (debt with maturity shorter than 364 days).
SBB plans to launch a Euro Commercial Paper Programme next week. Fitch continues to emphasize SBB’s strong and secure cash flows and strong liquidity position.
”Given the strong short term ratings from both Fitch and S&P, we are broadening our sources of finance on the liquid European market. Our goal and commitment to achieve and maintain a BBB+ rating within the next 12 months remains firm”, says Ilija Batljan, CEO and Founder 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, email@example.com
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: firstname.lastname@example.org / +46 84638300). More information about the company is available at www.sbbnorden.se.