Research Update: Swedish Public Housing Company Forvaltaren Outlook To Stable On Improved Financial Position; 'AA-/A-1+' Ratings Affirmed - S&P Global Ratings’ Credit Research

Research Update: Swedish Public Housing Company Forvaltaren Outlook To Stable On Improved Financial Position; 'AA-/A-1+' Ratings Affirmed

Research Update: Swedish Public Housing Company Forvaltaren Outlook To Stable On Improved Financial Position; 'AA-/A-1+' Ratings Affirmed - S&P Global Ratings’ Credit Research
Research Update: Swedish Public Housing Company Forvaltaren Outlook To Stable On Improved Financial Position; 'AA-/A-1+' Ratings Affirmed
Published Oct 25, 2018
8 pages (3217 words) — Published Oct 25, 2018
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

On the back of asset sales, we anticipate that the Swedish public housing provider Förvaltaren will amortize debt, which will reduce the company's debt burden and improve its liquidity position. We are therefore revising our outlook on Förvaltaren to stable from negative, and affirming our 'AA-/A-1+' and 'K-1' ratings on the company. The stable outlook reflects our expectation that Förvaltaren will maintain its financial position through 2020, supported by robust earnings, strong market fundamentals, and prudent management. On Oct. 25, 2018, S&P Global Ratings revised its outlook on Swedish public housing provider Fastighets AB Förvaltaren to stable from negative. At the same time, we affirmed our 'AA-/A-1+' long- and short-term issuer credit ratings and our 'K-1' Nordic regional scale rating

  
Brief Excerpt:

...+ On the back of asset sales, we anticipate that the Swedish public housing provider F÷rvaltaren will amortize debt, which will reduce the company's debt burden and improve its liquidity position. + We are therefore revising our outlook on F÷rvaltaren to stable from negative, and affirming our '##-/A-1+' and 'K-1' ratings on the company. + The stable outlook reflects our expectation that F÷rvaltaren will maintain its financial position through 2020, supported by robust earnings, strong market fundamentals, and prudent management....

  
Report Type:

Research Update

Ticker
803191Z@SS
Issuer
GICS
Real Estate Management & Development (40403010)
Sector
Global Issuers
Country
Region
Europe, Middle East, Africa
Format:
PDF Adobe Acrobat
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Research Update: Swedish Public Housing Company Forvaltaren Outlook To Stable On Improved Financial Position; 'AA-/A-1+' Ratings Affirmed" Oct 25, 2018. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Swedish-Public-Housing-Company-Forvaltaren-Outlook-To-Stable-On-Improved-Financial-Position-AA-A-1-Ratings-Affirmed-2119517>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: Swedish Public Housing Company Forvaltaren Outlook To Stable On Improved Financial Position; 'AA-/A-1+' Ratings Affirmed Oct 25, 2018. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Swedish-Public-Housing-Company-Forvaltaren-Outlook-To-Stable-On-Improved-Financial-Position-AA-A-1-Ratings-Affirmed-2119517>
  
US$ 225.00
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