Announcements
Drinks
Instrument data
Issuer
Senority
Senior Unsecured
Currency
NOK
ISIN
NO0013461442
Coupon percent
5.117%
Coupon type
Floating: Fixed Margin over Index
Instrument volume
700,000,000
Maturity date
16/01/2030
-
AAA
Outlook:
Stable
AAA
Outlook:
Stable
Latest change
New
17/01/2025
General information
Rating
Public
Solicited
With issuer participation
UK endorsed
EU Rated
Jakob Suwalski
Lead analyst
Alvise Lennkh-Yunus
Committee chair
28/6/2024 Rating announcement EN
Scope affirms the City of Trondheim’s AAA rating with Stable Outlook
Robust 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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