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      Instrument data
      Senority
      Senior Unsecured
      Currency
      NOK
      ISIN
      NO0013015362
      Coupon percent
      5.244%
      Coupon type
      Fixed
      Instrument volume
      400,000,000
      Maturity date
      15/09/2028
      -
      A- Outlook: None
      A- Outlook: None
      Latest change
      Upgrade
      24/01/2024
      General information
      Rating
      Public
      Solicited
      With issuer participation
      UK endorsed
      EU Rated
      Per Haakestad Lead analyst
      Sebastian Zank Committee chair
      Scope upgrades issuer rating of Norwegian utility Eidsiva to A-/Stable from BBB+/Stable

      24/1/2024 Rating announcement EN

      Scope upgrades issuer rating of Norwegian utility Eidsiva to A-/Stable from BBB+/Stable

      The upgrade is driven by the improved financial risk profile enabled by a stronger-than-expected performance, continued robust cash flows from its grid operation and cash dividends from Hafslund ECO Vannkraft.

      Scope affirms Eidsiva’s issuer rating at BBB+/Stable

      25/1/2023 Rating announcement EN

      Scope affirms Eidsiva’s issuer rating at BBB+/Stable

      The affirmation reflects Eidsiva’s continued competitive strength as Norway’s largest distribution grid operator, its low industry risk, and projected substantial capex and dividend payouts.

      Date Title