Moody’s Investors Service assigns a ‘Aaa’ credit ratings to the mortgage covered bonds issued by Borgo AB (publ)
14 February 2022 at 13:15 CET | Borgo AB (publ) | Stock Exchange Release
Moody’s Investors Service (“Moody’s”) has today assigned definitive ‘Aaa’ long-term ratings to the mortgage covered bonds (“CB”) issued by Borgo AB (publ) (the “Borgo”).
“We are pleased to have obtained credit ratings from Moody’s in line with our target of having top grade ratings with highest quality and minimal risk for the mortgage covered bonds. The outcomes provide a solid basis for the bonds going forward,” say Fernanda Echenique, Head of Treasury of Borgo.
Mortgage bonds in brief
On 11 February 2022 Borgo announced a listing of two covered bonds in connection with the transfer of majority of Swedish mortgage loans from Ålandsbanken Abp to Borgo.
For further information, please contact
Fernanda Echenique, Head of Treasury
Email: ir@borgohypotek.se
Tel: +46 (0)730 750 163
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