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Moody's withdraws the ratings of Balder due to insufficient informatio...

Moody's Investors Service (Moody's)  has today withdrawn the corporate family rating ("CFR") of Ba1 to Fastighets AB Balder (Balder) and withdraws its senior unsecured bond ratings of Ba1. Balder is one of the largest real estate companies in the Nordics. The outlook at the time of withdrawal was st...

Moody's withdraws the ratings of Balder due to insufficient informatio...

Moody's Investors Service (Moody's)  has today withdrawn the corporate family rating ("CFR") of Ba1 to Fastighets AB Balder (Balder) and withdraws its senior unsecured bond ratings of Ba1. Balder is one of the largest real estate companies in the Nordics. The outlook at the time of withdrawal was st...

Fastighets AB Balder: Update following ratings downgrade

Our credit view of this issuer reflects rapidly weakening fixed charge coverage, high effective leverage and a high share of investments in associated companies and joint ventures.

Moody's downgrades Balder's senior unsecured ratings to Ba1, stable ou...

Moody's Investors Service ("Moody's") has today assigned a new long term corporate family rating (CFR) of Ba1 to Fastighets AB Balder (Balder) and subsequently downgraded its senior unsecured bond ratings to Ba1 from Baa3 as well as its junior subordinated notes rating to Ba3 from Ba2. Balder is one...

Moody's continues review for downgrade for Balder's ratings

Moody's Investors Service ("Moody's") continues the review for downgrade of all ratings of Fastighets AB Balder ("Balder"), including the Baa3 long-term issuer rating and senior unsecured bond ratings as well as the Ba2 junior subordinated notes. The ratings were placed on review for downgrade on Oc...

Fastighets AB Balder: Update following placement of ratings on review ...

Our credit view of Balder reflects its significant refinancing needs, pressure on EBITDA fixed charge coverage and high leverage at this point in the cycle.

Moody's places Baa3 ratings of Fastighets AB Balder on review for down...

Moody's Investors Service ("Moody's") has today placed on review for downgrade the Baa3 long-term issuer rating and senior unsecured bond ratings as well as the Ba2 junior subordinated notes rating of Fastighets AB Balder ("Balder"), one of the largest real estate companies in the Nordics. The outlo...

Fastighets AB Balder: Balder's mandatory bid for Entra shares is credi...

Mandatory bid will increase Balder's debt burden, dilute exposure to more stable residential properties and raise corporate governance risks.

Fastighets AB Balder: Update to credit analysis

Our credit view of Balder reflects its good asset quality due to significant residential share and the attractive locations of its offices, constrained by high leverage and net debt/EBITDA.

Fastighets AB Balder: Balder's acquisition of Norwegian real estate co...

Potential markets that could benefit hydrogen production, wind power and final carbon are only at the initiation stage therefore the acquisition is uncertain and forward looking.

Moody's announces completion of a periodic review of ratings of Fastig...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Fastighets AB Balder. Global Credit Research- 30 Apr 2021. Stockholm, April 30, 2021-- Moody's Investors Service has completed a periodic review of the ratings of Fastighets AB Balder and other ratings that are associated with the same analytical unit.

Fastighets AB Balder: Update to credit analysis

Our credit view of Balder, reflecting its large, diversified portfolio by geography and property type, and the large share of more stable residential properties.

Moody's announces completion of a periodic review of ratings of Fastig...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Fastighets AB Balder. Global Credit Research- 22 Jun 2020. Stockholm, June 22, 2020-- Moody's Investors Service has completed a periodic review of the ratings of Fastighets AB Balder and other ratings that are associated with the same analytical unit.

Fastighets AB Balder: Balder's SEK440 million subscription to Collecto...

Participation in the deal raises questions about governance. It also highlights Collector Bank is not necessarily a good fit with Balder but financial implications are limited at this point.

Moody's announces completion of a periodic review of ratings of Fastig...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Fastighets AB Balder. Global Credit Research- 16 Jul 2019. Stockholm, July 16, 2019-- Moody's Investors Service has completed a periodic review of the ratings of Fastighets AB Balder and other ratings that are associated with the same analytical unit.

Moody's announces completion of a periodic review of ratings of Fastig...

Announcement: Moody's announces completion of a periodic review of ratings of Fastighets AB Balder. Global Credit Research- 16 Jul 2019. Stockholm, July 16, 2019-- Moody's Investors Service has completed a periodic review of the ratings of Fastighets AB Balder and other ratings that are associated with the same analytical unit.

Fastighets AB Balder: Update to credit analysis

Our credit view of Balder, reflecting its large, diversified portfolio by geography and property type, and the large share of more stable residential properties.

Moody's changes outlook on Balder to stable from positive, affirms rat...

Rating Action: Moody's changes outlook on Balder to stable from positive, affirms ratings. Global Credit Research- 24 May 2019. Stockholm, May 24, 2019-- Moody's Investors Service has today affirmed the Baa3 long-term issuer rating of Fastighets AB Balder.

Please Change Name Maria Gillholm
  • Please Change Name Maria Gillholm

Fastighets AB Balder: Update following change of outlook to positive

CORPORATES CREDIT OPINION 25 September 2017 Update RATINGS Fastighets AB Balder Domicile Sweden Long Term Rating Baa3 Type LT Issuer Rating Outlook Positive Please see the  ratings section  at the end of this report for more information. The ratings and outlook shown reflect information as of the publication date. Contacts Maria Gillholm +46 (850) 256-550

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