Announcements

    Drinks

      Instrument data
      Issuer
      ELKEM ASA
      Senority
      Senior Unsecured
      Currency
      NOK
      ISIN
      NO0010937469
      Coupon percent
      1.45%
      Coupon type
      Floating: Fixed Margin over Index
      Instrument volume
      750,000,000
      Maturity date
      26/02/2024
      -
      WD Outlook: N/A
      WD Outlook: N/A
      Latest change
      Withdrawal
      26/02/2024
      General information
      Rating
      Public
      Solicited
      With issuer participation
      UK endorsed
      EU Rated
      Withdrawal reason: end of maturity of the debt obligation, or in case the debt is redeemed, called, prefunded, cancelled
      Per Haakestad Lead analyst
      Olaf Tölke Committee chair
      Scope affirms Elkem’s BBB issuer rating and changes Outlook to Negative from Stable

      21/12/2023 Rating announcement EN

      Scope affirms Elkem’s BBB issuer rating and changes Outlook to Negative from Stable

      The Negative Outlook reflects the prospects of sustained weaker operating profitability and credit metrics in a more challenging macroeconomic environment.

      Share
      Read more
      Scope affirms BBB/Stable issuer rating on Elkem ASA

      21/12/2022 Rating announcement EN

      Scope affirms BBB/Stable issuer rating on Elkem ASA

      The rating continues to reflect Elkem's position as a global player in the silicone industry, strong cost position, moderate contribution of specialty-like products to sales and a financial risk profile of BBB+.

      Share
      Read more
      Scope assigns BBB/Stable issuer rating to Elkem ASA

      17/12/2021 Rating announcement EN

      Scope assigns BBB/Stable issuer rating to Elkem ASA

      The issuer rating consists of a weaker business risk profile than its financial risk profile. The latter is currently helped by favorable market pricing conditions and a recent equity issue, leading to leverage expectations in the 1-2x area.

      Share
      Read more
      Date Title