Fabege has received an upgraded credit rating of Baa2, with a stable outlook, from Moody’s.
Fabege has been active on the capital market for many years via commercial paper and bonds, In June a new Green framework for financing was launched to which both the commercial paper programme of SEK 5bn and the MTN-programme of SEK 10bn are tied.
“For Fabege it is important to make investors aware of our high quality and our long-term approach. We’re delighted to have received this acknowledgement of the company’s financial stability via the upgrade from Moody’s,” commented Åsa Lind, Head of Treasury Fabege.
Fabege AB (publ)
This information is information that Fabege AB is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out above, at 08:30CET on 17 October 2019.