According to NCR, a credit rating of BBB reflects Södra’s long-term financial position and flexibility. Södra has been active in the Swedish capital market since 2016 under an MTN programme with a bond framework corresponding to SEK 4 billion.
“The credit rating strengthens Södra as a financial counterparty and the rating is in line with our expectations. This will further sharpen our financial strength, robustness and flexibility,” said Magnus Reitersjö, Head of Treasury and responsible for Södra’s financing.
The credit rating is immediately effective.
For questions, please contact:
Magnus Reitersjö, Head of Treasury
Tel: +46 (0)470-891 34
Tel: +46 (0)470-890 90