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Bonnier Fastigheter assigned 'N3' short-term issuer rating following short-term criteria update

Nordic Credit Rating (NCR) said today that it had assigned an 'N3' short-term issuer rating to Sweden-based property manager Bonnier Fastigheter AB, in accordance with its revised short-term rating scale. At the same time, the 'BBB' long-term issuer rating on the company was affirmed. NCR also assigned an 'N3' short-term issuer rating to AB Bonnier Fastigheter Finans (publ). The 'BBB' issuer rating and the 'BBB' senior unsecured issue ratings on the company were affirmed. The outlook on both companies is stable. The ratings are no longer under criteria review.

Rating list To From
Long-term issuer credit rating: BBB BBB
Outlook: Stable Stable
Short-term issuer credit rating: N3 N-1+
 

Contacts:
Marcus Gustavsson, analyst, +46700442775, marcus.gustavsson@nordiccreditrating.com
Yun Zhou, analyst, +46732324378, yun.zhou@nordiccreditrating.com

The methodology documents used for this rating are NCR's Corporate Rating Methodology published on 18 Feb. 2022, NCR's Group and Government Support Rating Methodology published on 18 Feb. 2022 and NCR's Rating Principles published on 24 May 2022. For the full regulatory disclaimer please see the rating report.

NCR - Bonnier_Fastigheter_AB - Rating Action Report 30 May 2022.pdf (140.04 KB) Bonnier Fastigheter AB BBB Stable Real estate N3 Off Mon, 05/30/2022 - 12:00 On On