Nordic Credit Rating proposes amendments to its issue rating methodology for corporate issuers
The proposal improves transparency of notching principles for rating individual debt instruments.
Atea was originally founded as Merkantildata in 1968. In its current form, the company was formed through a merger of large Nordic IT infrastructure providers and the subsequent acquisition of 50 IT companies between 2006 and 2015. Atea acts as a reseller of both hardware and software, in addition to providing related IT services. The company operates in Sweden, Norway, Denmark, Finland, and the Baltic countries (Estonia, Latvia and Lithuania). It is the market leader in IT infrastructure and related services within its respective regional markets and the third largest provider in Europe.