Corporate

Sale reduces uncertainty about capital structure.

• Read more about NCR comments: SalMar ASA sells stake in Frøy ASA for NOK 4.8bn

• Read more about Austevoll Seafood ASA

Austevoll was founded as Austevoll Havfiske AS in 1981 by the Møgster family. It is a major seafood company with operations in the North Atlantic and South Pacific and facilities and sales worldwide. As the majority owner of Lerøy Seafood Group ASA, Austevoll covers the entire Atlantic salmon value chain. It has prominent operations in pelagic and whitefish fishery, fishmeal, and oil production. Its subsidiaries include Austral Group S.A.A., Foodcorp Chile S.A., Br.

All corporates with ratings on outstanding senior unsecured instruments placed 'Under Criteria Review'.

• Read more about Nordic Credit Rating publishes final amendments to issue rating methodology for corporate issuers

Initial effect likely to be modest, but longer-term impact could be severe.

• Read more about Norway salmon farms face sharp tax hike

Any increase in production costs will mostly be passed on to end-customers.

• Read more about Salmon prices likely to remain strong due to low supply growth

Efforts to reduce purchased energy likely to remain relevant through 2023. esg

• Read more about Soaring energy prices increase financial significance of green investments

The methodology does not affect any published ratings.

• Read more about Nordic Credit Rating publishes its finalised methodology for investment holding companies

Strong demand in all market segments.

• Read more about NCR comments: Jotun A/S T2 2022 report

• Read more about Atea ASA

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 is a key hardware and software reseller and service provider in the Nordic and Baltic countries. The company is a market leader in regional IT and is currently the third-largest such company in Europe. Atea collaborates with major global IT companies such as Microsoft, Apple, and Cisco.

Request for comment period ends 7 Oct. 2022.

• Read more about Nordic Credit Rating publishes its proposed methodology for investment holding companies