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As a result of a new rating methodology from S&P, Kommuninvest's credit rating has been placed under observation.
As a result of a new rating methodology from S&P, Kommuninvest's credit rating has been placed under observation.

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S&P publishes new rating methodology for non-U.S. public sector funding agencies: Kommuninvest’s rating under criteria observation

S&P Global Ratings (S&P) has, on 22 May 2018, announced a new methodology for rating non-U.S. public-sector funding agencies, specialized not-for-profit institutions established to secure and provide cost-efficient funding to public sector entities in their domicile country or region.

As a result of the new methodology, S&P has placed ratings of ten public-sector funding agencies, including Kommuninvest i Sverige AB, under criteria observation ("UCO"). S&P expects to review the ratings identified as UCO within six months.

With the new methodology, S&P aims to take better incorporate the characteristics of public sector funding agencies' not-for-profit, or at least not profit-maximizing, mission and assess their stand-alone credit profile and the likelihood and impact of extraordinary support provided by potential supporting governments or public sector entities.

For further information on S&P's rating methodology please visit www.spglobal.com.

Kommuninvest is rated Aaa from Moody’s (since 2002) and AAA from S&P (since 2006).


Contact persons for enquiries

Maria Viimne, Chief Operating Officer (COO), tel +46 10 470 87 11

Christian Ragnartz, Head of Debt Management, tel + 46 706 07 38 34

Head of Media Relations Björn Bergstrand, tel. +46 70 886 94 76 or bjorn.bergstrand@kommuninvest.se

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Contacts

Victoria Preger

Victoria Preger

Press contact Chief Communication Officer +46 702 66 87 26

We finance welfare

Kommuninvest is a municipal cooperation for efficient and sustainable financing of housing, infrastructure, schools, hospitals etc. Together we get better loan terms than each one individually. Since the start in 1986, the Kommuninvest collaboration has helped reduce the local government sector’s borrowing costs by many billion SEK. Currently, 294 municipalities and regions are members of this voluntary cooperation. With a balance sheet total of more than SEK 600 billion (USD ~55 billion), Kommuninvest is the largest lender to the local government sector and one of the ten largest credit institutions in Sweden. The head office is located in Örebro.

Kommuninvest
Drottninggatan 2
70142 Örebro
Sverige
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