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Corporate

Nordic Credit Rating publishes final amendments to issue rating methodology for corporate issuers

All corporates with ratings on outstanding senior unsecured instruments placed 'Under Criteria Review'.
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Norway salmon farms face sharp tax hike

Initial effect likely to be modest, but longer-term impact could be severe.
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Salmon prices likely to remain strong due to low supply growth

Any increase in production costs will mostly be passed on to end-customers.
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Soaring energy prices increase financial significance of green investments

Efforts to reduce purchased energy likely to remain relevant through 2023. esg
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Nordic Credit Rating publishes its finalised methodology for investment holding companies

The methodology does not affect any published ratings.
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NCR comments: Jotun A/S T2 2022 report

Strong demand in all market segments.
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Atea ASA

Submitted by analyticalplatform on Wed, 09/28/2022 - 04:00
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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.

Nordic Credit Rating publishes its proposed methodology for investment holding companies

Request for comment period ends 7 Oct. 2022.
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NCR comments: Nortura SA T1 2022 report

Higher revenues driven by sales to hotel, restaurant and catering sector as COVID restrictions ease.
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OBOS BBL

Submitted by analyticalplatform on Fri, 06/17/2022 - 04:00
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OBOS is a Norway-based residential developer, owned by its over 500,000 members in Norway and Sweden. The company's primary focus is residential development in Norway and Sweden, but it also provides property management and advisory services for housing cooperatives and owns strategic equity investments. In addition, it is a sizable commercial real-estate manager through its OBOS Eiendom subsidiary and operates a regulated bank (OBOS-banken AS), with its member homeowners as the bank's primary customer base.

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