Rating

Fabege obtains an investment grade of Baa2 from Moody's since February 2018.

In November 2023 Moody´s affirmed Fabege rating Baa2 with negative outlook and under june 2024 has Moody´s affirmed unchanged rating, i.e Baa2, negative outlook.

The change reflects Moody's view of risk in today's climate of inflation and rising market interest rates. Against the background of the great unrest in the capital market, the changed outlook is not unexpected.

Fabege's balance sheet continues to be strong with a high equity ratio and a low loan-to-value ratio. Fabege's focus on the Stockholm market with a modern portfolio in attractive locations and stable customers guarantees continued stability in the business.

Fabege is active on the capital market via commercial paper, covered bonds (via Svenska Fastighetsfinansiering) and through a green unsecured MTN programme. 

Changed 28 June 2024