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      Instrument data
      Senority
      Senior Unsecured
      Currency
      NOK
      ISIN
      NO0011203507
      Coupon percent
      1.69%
      Coupon type
      Floating: Fixed Margin over Index
      Instrument volume
      400,000,000
      Maturity date
      18/01/2027
      -
      A- Outlook: None
      A- Outlook: None
      Latest change
      Upgrade
      25/10/2023
      General information
      Rating
      Public
      Solicited
      With issuer participation
      UK endorsed
      EU Rated
      Per Haakestad Lead analyst
      Thomas Faeh Committee chair
      Scope upgrades Haugaland Kraft’s issuer rating to A-/Stable from BBB+/Positive

      25/10/2023 Rating announcement EN

      Scope upgrades Haugaland Kraft’s issuer rating to A-/Stable from BBB+/Positive

      The upgrade follows significant improvements in Haugaland Kraft’s financials. The Stable Outlook reflects Scope’s view that high investments and continued dividends will necessitate new debt and normalise leverage after ending 2022 in a net cash position.

      Scope affirms BBB+ issuer rating on Haugaland Kraft AS and raises Outlook to Positive

      21/10/2022 Rating announcement EN

      Scope affirms BBB+ issuer rating on Haugaland Kraft AS and raises Outlook to Positive

      Higher power prices have enabled significant deleveraging while the impending increase in tax payments will be manageable.

      Scope assigns BBB+/Stable issuer rating to Haugaland Kraft AS

      24/11/2021 Rating announcement EN

      Scope assigns BBB+/Stable issuer rating to Haugaland Kraft AS

      A utility company with segment diversification and ambition to grow.

      Date Title