Transcom Holding AB (publ): S&P upgrades Transcom’s Credit Rating from B- to B

S&P Global Ratings (Standard & Poor’s) has upgraded Transcom Holding’s ratings, and the group’s €315 million senior secured floating rate notes due 2026, from B- to B, outlook stable. S&PGR cites significant improvement of performance in 2021 and 2022 as drivers of the upgrade.

“S&P’s credit rating is an important benchmark of credit quality, and we’re happy to see that they are recognizing our solid operational performance. Our strategy, focusing on the technology and e-commerce sectors, and increasing the share off near- and offshore delivery, and focusing on sales has resulted in a solid performance 2021-2022”, says Jonas Dahlberg, President & CEO, Transcom, and continues:
“We’re also happy to see that S&P shares our positive outlook on the future, where they forecast a strong performance in 2023 and 2024.”

For further information, please contact

Jonas Dahlberg, President & CEO Transcom
Phone: +46 (0)70 347 23 83, email: Jonas.dahlberg@transcom.com

Snejana Koleva, Chief Financial Officer
Phone: + 46 (0)70 508 3830, email: snejana.koleva@transcom.com

Helene Ruda, Head of Group communications
Phone: +46 (0)70 311 7560, email: helene.ruda@transcom.com

About Transcom

Transcom provides digitally enhanced customer experience (CX) services to some of the world's most ambitious brands. More than 300 clients globally, including disruptive e-commerce players, category redefining fintechs, and technology legends rely on us for on-, off-, and nearshoring services. Transcom’s over 30,000 employees work in over 85 contact centers and work-at-home networks across 27 countries, creating brilliant experiences in customer care, sales, content moderation and backoffice services. We help our clients drive their brands forward, customer satisfaction up and operating costs down. For more information, visit www.transcom.com.