Fastighets AB Forvaltaren 'A-1+' Commercial Paper Program Rating Withdrawn At The Issuer's Request

STOCKHOLM (S&P Global Ratings) Nov. 26, 2020--S&P Global Ratings today withdrew its 'A-1+' issue rating on Swedish public housing provider Fastighets AB Förvaltaren's (Förvaltaren's) commercial paper program at the company's request. At the time of the withdrawal, our long- and short-term issuer credit ratings on Förvaltaren were 'AA-/A-1+', and our short-term Nordic regional scale rating was 'K-1'. The stable outlook on the long term rating reflects our expectation that Förvaltaren will maintain stable and robust earnings on the back of strong economic fundamentals in the region. We also anticipate the company will manage debt and liquidity prudently to mitigate refinancing risks. Furthermore, we do not expect any material change in Förvaltaren's ownership or support structure that would make us revise

...November 26, 2020 STOCKHOLM (S&P Global Ratings) Nov. 26, 2020--S&P Global Ratings today withdrew its 'A-1+' issue rating on Swedish public housing provider Fastighets AB F÷rvaltaren's (F÷rvaltaren's) commercial paper program at the company's request. At the time of the withdrawal, our long- and short-term issuer credit ratings on F÷rvaltaren were '##-/A-1+', and our short-term Nordic regional scale rating was 'K-1'. The stable outlook on the long term rating reflects our expectation that F÷rvaltaren will maintain stable and robust earnings on the back of strong economic fundamentals in the region. We also anticipate the company will manage debt and liquidity prudently to mitigate refinancing risks. Furthermore, we do not expect any material change in F÷rvaltaren's ownership or support structure that would make us revise our assessment of the company's role for or link to the City of Sundbyberg....

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