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      Instrument data
      Issuer
      SAMHALLSBYGGNADSBOLAGET I NORDEN AB
      Senority
      Senior Unsecured
      Currency
      EUR
      ISIN
      XS2597112155
      Coupon percent
      4.5%
      Coupon type
      Fixed
      Instrument volume
      5,000,000
      Maturity date
      10/03/2025
      -
      CCC Outlook:
      CCC
      Latest change
      Review
      10/04/2024
      General information
      Rating
      Public
      Solicited
      With issuer participation
      UK endorsed
      EU Rated
      Thomas Faeh Lead analyst
      Philipp Wass Committee chair
      Scope downgrades SBB’s senior unsecured debt to CCC, maintains under review

      10/4/2024 Rating announcement EN

      Scope downgrades SBB’s senior unsecured debt to CCC, maintains under review

      Scope downgrades SBB’s senior unsecured debt to CCC from B- due to reduced recovery expectations.

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      Scope downgrades SBB’s issuer rating to CCC under review for a developing outcome

      18/9/2023 Rating announcement EN

      Scope downgrades SBB’s issuer rating to CCC under review for a developing outcome

      Weaker leverage and interest coverage, slow progress on the strategic review, liquidity and governance concerns and the dependence on asset sales to fund short-term debt obligations drive the downgrade.

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      Date Title