Corporate

Our 'B' issuer rating for Cabonline Group Holding AB (publ) (Cabonline) is unchanged following the publication of its fourth quarter results.

• Read more about NCR comments: Cabonline Group Holding 2019Q4 report

• Read more about Cabonline Group Holding AB (publ)

The rating was withdrawn on 11 Dec. 2020.

In this commentary NCR describes its view of the various features of corporate hybrid instruments and explains how they affect our view on equity treatment in our corporate credit analysis.

• Read more about Nordic Credit Rating's view on corporate hybrid securities

Today Nordic Credit Rating AS (NCR) published an update to its Rating Principles methodology. The changes have no impact on NCR's existing ratings.

• Read more about Nordic Credit Rating updates its Ratings Principles methodology

Our 'BB-' issuer rating for Offentliga Hus i Norden AB (publ) remains unchanged after recent announcements from the company.

• Read more about NCR comments: Offentliga Hus i Norden AB (publ) recent announcements

NCR views the credit outlook for Nordic utilities as stable supported by sustainable power generation and strong ownership. esg

• Read more about Sustainable power production supports the creditworthiness of Nordic utilities

Our analysis suggests the issuers may have to refinance 2019 maturities at a premium from current levels.

• Read more about Nordic bond maturities in 2019 - a slightly more challenging affair