Announcements
Drinks
Instrument data
Issuer
Senority
Senior Unsecured
Currency
NOK
ISIN
NO0010624026
Coupon percent
5.64%
Coupon type
Fixed:Plain Vanilla Fixed Coupon
Instrument volume
400,000,000
Maturity date
29/08/2025
-
BBB+
Outlook:
None
BBB+
Outlook:
None
Latest change
Affirmed
15/11/2024
General information
Rating
Public
Solicited
With issuer participation
UK endorsed
EU Rated
Per Haakestad
Lead analyst
Thomas Faeh
Committee chair
15/11/2024 Rating announcement EN
Scope affirms Østfold Energi’s BBB+/Stable issuer rating
The rating is driven by Østfold Energi’s low-cost and environmentally friendly hydropower generation as well as strong credit metrics. High volatility of achievable power prices and low diversification are constraints.
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