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      Instrument data
      Issuer
      SUNNHORDLAND KRAFTLAG AS
      Senority
      Senior Unsecured
      Currency
      NOK
      ISIN
      NO0013415810
      Coupon percent
      5.64%
      Coupon type
      Floating: Fixed Margin over Index
      Instrument volume
      500,000,000
      Maturity date
      04/12/2029
      -
      BBB+ Outlook: None
      BBB+ Outlook: None
      Latest change
      Affirmed
      12/11/2025
      General information
      Rating
      Public
      Solicited
      With issuer participation
      UK endorsed
      EU Rated
      Thomas Faeh Lead analyst
      Karl Yuan Pettersen Committee chair
      Scope affirms SKL’s BBB+/Stable issuer rating

      12/11/2025 Rating announcement EN

      Scope affirms SKL’s BBB+/Stable issuer rating

      The affirmation is based on a deleveraging expected in 2025, which will be supported by robust cash flows from operations. This will help to balance the company's ambitious growth plans and increased capital expenditure expectations in the coming years.

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      Scope affirms SKL’s BBB+ issuer rating, revises Outlook to Stable

      12/11/2024 Rating announcement EN

      Scope affirms SKL’s BBB+ issuer rating, revises Outlook to Stable

      The Outlook revision is based on increased debt in 2024 following SKL’s acquisition of Midtfjellet wind farm, as well as the expectation that leverage will exceed 1x in the coming years.

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