Announcements

    Drinks

      Instrument data
      Issuer
      Senority
      Senior Unsecured
      Currency
      NOK
      ISIN
      NO0010702947
      Coupon percent
      4.4%
      Coupon type
      Fixed:Plain Vanilla Fixed Coupon
      Instrument volume
      250,000,000
      Maturity date
      31/01/2029
      -
      A- Outlook: None
      A- Outlook: None
      Latest change
      Affirmed
      05/06/2024
      General information
      Rating
      Public
      Solicited
      With issuer participation
      UK endorsed
      EU Rated
      Sebastian Zank Lead analyst
      Thomas Faeh Committee chair
      Scope affirms A- issuer rating on Norwegian utility Hafslund and maintains Positive Outlook

      5/6/2024 Rating announcement EN

      Scope affirms A- issuer rating on Norwegian utility Hafslund and maintains Positive Outlook

      The unchanged Positive Outlook reflects potential that Hafslund’s financial risk profile could strengthen if credit metrics can be maintained at strong levels. This, however, depends on capex execution and realised electricity prices in the medium term.

      Scope upgrades Hafslund’s issuer rating to A- from BBB+ and maintains the Positive Outlook

      5/6/2023 Rating announcement EN

      Scope upgrades Hafslund’s issuer rating to A- from BBB+ and maintains the Positive Outlook

      The upgrade follows significant improvements in Hafslund’s financials, which are likely to last due to elevated power prices. Further upside is reflected by the Positive Outlook, assuming leverage does not exceed 2.0x beyond 2025.

      Scope affirms Hafslund Eco's BBB+ issuer rating and changes Outlook to Positive from Stable

      7/6/2022 Rating announcement EN

      Scope affirms Hafslund Eco's BBB+ issuer rating and changes Outlook to Positive from Stable

      Higher power prices have enabled significant deleveraging and expansion of the business through the purchase of the majority stake in Hafslund Oslo Celsio.

      Scope assigns BBB+/Stable issuer rating on Hafslund Eco AS

      9/7/2021 Rating announcement EN

      Scope assigns BBB+/Stable issuer rating on Hafslund Eco AS

      The issuer rating reflects Hafslund’s standalone credit quality of BBB and a one-notch uplift based on the City of Oslo ownership.

      Date Title