In light of the rising market interest rates and the risk of the interest coverage ratio deteriorating, Moody's has decided to change the outlook from stable to negative.
The change reflects Moody's view of risk in today's climate of inflation and rising market interest rates. Against the background of the great unrest in the capital market, the changed outlook is not unexpected.
Fabege's balance sheet continues to be strong with a high equity ratio and a low loan-to-value ratio. Fabege's focus on the Stockholm market with a modern portfolio in attractive locations and stable customers guarantees continued stability in the business.
Fabege AB (publ)
This information is information that Fabege AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation(596/2014). The information was submitted for publication, through the agency of the contact person set out above,
at 22 November 2022, 08:31 CET