Moody's reaffirms Rikshem ' s strong credit rating

Dec 18, 2023 13:15 - Regulatory information

The credit rating agency Moody's Investors Service affirms Rikshem's long-term credit rating A3 with a stable outlook.

"As a basis for the strong rating A3 with a stable outlook, Moody's highlights Rikshem's good quality of residential and community service properties, good rental growth, good access to bank and bond financing, a strong liquidity profile and strong support from the owners. This provides us with continued good access of funding at favorable terms – a strength in times when underlying interest rates have risen sharply," says Anette Frumerie, CEO of Rikshem.

This disclosure contains information that Rikshem is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 18-12-2023 13:15 CET.