Announcements

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      Instrument data
      Senority
      Senior Unsecured
      Currency
      NOK
      ISIN
      NO0010964224
      Coupon percent
      1.17%
      Coupon type
      Floating: Fixed Margin over Index
      Instrument volume
      300,000,000
      Maturity date
      30/03/2026
      -
      BBB+ Outlook: None
      BBB+ Outlook: None
      Latest change
      Affirmed
      12/11/2024
      General information
      Rating
      Public
      Solicited
      With issuer participation
      UK endorsed
      EU Rated
      Per Haakestad Lead analyst
      Thomas Faeh Committee chair
      Scope affirms SKL’s BBB+ issuer rating, revises Outlook to Stable

      12/11/2024 Rating announcement EN

      Scope affirms SKL’s BBB+ issuer rating, revises Outlook to Stable

      The Outlook revision is based on increased debt in 2024 following SKL’s acquisition of Midtfjellet wind farm, as well as the expectation that leverage will exceed 1x in the coming years.

      Scope affirms Sunnhordland Kraftlag AS' issuer rating at BBB+; changes Outlook to Positive

      29/11/2023 Rating announcement EN

      Scope affirms Sunnhordland Kraftlag AS' issuer rating at BBB+; changes Outlook to Positive

      The Positive Outlook is driven by the possibility of a very strong credit metrics until 2025, as power prices in the NO2 price region are expected to remain higher than historical levels for the foreseeable future.

      Scope upgrades SKL AS’ issuer rating to BBB+/Stable

      28/11/2022 Rating announcement EN

      Scope upgrades SKL AS’ issuer rating to BBB+/Stable

      Higher expected power prices create excess cash and conservative credit metrics, despite the impending increase in tax payments.

      Scope assigns BBB/Stable issuer rating to Sunnhordland Kraftlag AS

      13/12/2021 Rating announcement EN

      Scope assigns BBB/Stable issuer rating to Sunnhordland Kraftlag AS

      A hydropower generation company that aims for a conservative financial risk profile to withstand the expected volatility in power prices.

      Date Title