NCR confirms Catena’s BBB- credit rating and adjusts the outlook from stable to positive
The outlook has been adjusted due to Catena’s good financial position and strong market position.
12 May 2023, 2.15 p.m. CEST
The rating reflects Catena’s focus on attractive logistics properties in a sector that is favoured by long-term trends, including stable profitability, high occupancy rates and improved financial key performance indicators.
“We are proud of the company’s development, and it’s a pleasure to be able to show strong KPIs in this macroeconomically uncertain situation. The rating ensures that we will be able to continue to finance our operations on favourable terms,” comments David Silvesjö, Catena’s Chief Treasury Officer.
For further information, please contact:
David Silvesjö, Chief Treasury Officer, Tel. +46 (0)730 70 22 22, email@example.com
Jörgen Eriksson, CEO, Tel. +46 (0)730 70 22 42, firstname.lastname@example.org
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This is information that Catena AB (publ) is obliged to publish under the EU Market Abuse Regulation (MAR) 596/2014. The information was provided by the above contacts for publication at the aforementioned time.