Fitch Affirms Investment Grade Rating of 'BBB-' for Heimstaden Bostad, Raised Outlook to Stable

10 Jan 2025 19:10 CET

Fitch affirms Heimstaden Bostad's Long-Term Issuer Default rating (IDR) of 'BBB
-' and raises the Outlook to Stable from Negative.
Co-CEO Christian Fladeland comments:

"The stable outlook validates that Heimstaden Bostad continues to deliver on its
base case performance which includes stronger than ever operational results
supported by stabilised credit metrics. We remain committed to taking prudent
measures to return to a 'BBB' rating."

Contact:
Frederik Stentoft Berling, Media Relations
+45 2130 9489, media@heimstaden.com

Cody Nelson, Investor Relations
+47 948 94 196, ir@heimstaden.com

About Heimstaden Bostad:
Heimstaden Bostad is a leading European residential real estate company with
more than 162,000 homes across nine countries with a property value of SEK 330
billion. We acquire, develop, and manage properties with an evergreen
perspective. Guided by our Scandinavian heritage and values Dare, Care, and
Share - our about 2,000 colleagues fulfil our mission to enrich and simplify our
customers' lives through Friendly Homes. Read more
at www.heimstadenbostad.com (https://eur01.safelinks.protection.outlook.com/?url
=
http%3A%2F%2Fwww.heimstadenbostad.com%2F&data=05%7C02%7Cfrederik.berling%40heims
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This information is such information that Heimstaden Bostad AB (publ) is obliged
to publish in accordance with the EU Market Abuse Regulation. The information
was submitted, through the agency of the above contact persons, for publication
on 10 January at 19:10 CET.

More information:
Access the news on Oslo Bors NewsWeb site

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