Södra’s credit rating upgraded to BBB+
Södra’s strong financial position leads to credit rating upgrade Nordic Credit Rating has now assigned Södra a credit rating of BBB+.In its 2024 rating process, Nordic Credit Rating decided to upgrade Södra’s credit rating to BBB+ on the grounds that Södra has maintained its strong financial position despite the recession and that Södra’s balance sheet is sufficiently robust to withstand even weaker market conditions. In 2021, Nordic Credit Rating assigned Södra a credit rating of BBB, which has since remained stable. “An upgraded credit rating is proof that Södra’s balance sheet and