Debt Ratings on Venantius AB Raised to 'AAA' Following Kingdom of Sweden Upgrade Feb 04
- ID: 1817489
- February 2004
- Region: Sweden
- Standard & Poors
STOCKHOLM (Standard & Poor's) Feb. 16, 2004--Following today's upgrade of the Kingdom of Sweden's long-term foreign-currency rating to 'AAA', Standard & Poor's Ratings Services said it raised its foreign-currency rating on the long-term and medium-term senior unsecured notes of Venantius AB to 'AAA' from 'AA+'. At the same time, Standard & Poor's affirmed its local-currency 'AAA' senior unsecured medium-term note rating and 'A-1+' commercial paper rating on Venantius. (For further information on the Kingdom of Sweden upgrade, see today's media entitled Kingdom of Sweden Long-Term Foreign Currency Ratings Raised to 'AAA'; Outlook Stable, published on RatingsDirect, Standard & Poor's Web-based credit analysis system, at www.ratingsdirect.com). At Sept. 30, 2003, Venantius had assets of Swedish krona (Skr) 17.3 billion ($2.43 billion...
Companies mentioned in this report are:
- Venantius AB
- Sweden (Kingdom of)
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