Nordic Credit Rating (NCR) said today that it had assigned an 'N2' short-term issuer rating to Sweden-based Danske Hypotek AB (publ), in accordance with its revised short-term rating scale. At the same time, the 'A' long-term rating, the 'AAA' issue rating on the company's covered bonds, and the 'A+' rating on its senior unsecured debt were affirmed. The outlook is stable. The ratings are no longer under criteria review.
| Rating list | To | From |
|---|---|---|
| Long-term issuer credit rating: | A | A |
| Outlook: | Stable | Stable |
| Short-term issuer credit rating: | N2 | N-1+ |
| Covered bond issue rating: | AAA | AAA |
| Senior unsecured issue rating: | A+ | A+ |
Contacts:
Sean Cotten, chief rating officer, +46735600337, sean.cotten@nordiccreditrating.com
Gustav Nilsson, analyst, +46735420446, gustav.nilsson@nordiccreditrating.com
The methodology documents used for this rating are NCR's Financial Institutions 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.