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      Instrument data
      Issuer
      TRONDHEIM, MUNICIPALITY OF
      Senority
      Senior Unsecured
      Currency
      NOK
      ISIN
      NO0010709702
      Coupon percent
      3.57%
      Coupon type
      Fixed:Plain Vanilla Fixed Coupon
      Instrument volume
      500,000,000
      Maturity date
      15/04/2024
      -
      WD Outlook: N/A
      WD Outlook: N/A
      Latest change
      Withdrawal
      16/04/2024
      General information
      Rating
      Public
      Solicited
      With issuer participation
      UK endorsed
      EU Rated
      Withdrawal reason: end of maturity of the debt obligation, or in case the debt is redeemed, called, prefunded, cancelled
      Jakob Suwalski Lead analyst
      Dr. Giacomo Barisone Committee chair
      Scope assigns City of Trondheim first-time issuer rating of AAA with Stable Outlook

      22/9/2023 Rating announcement EN

      Scope assigns City of Trondheim first-time issuer rating of AAA with Stable Outlook

      Strong budgetary performance, ample liquidity, a sustainable economy and a well-integrated institutional framework support the rating. A high debt stock, limited revenue flexibility and limited expenditure flexibility are challenges.

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