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Akademiska Hus AB Jun 05
Standard & Poors, June 2005
Abstract
Key role as the major provider of high-quality rented university premises in Sweden The strength and importance of the Swedish education sector, Akademiska Hus' main tenant base The owner's explicit long-term objectives for the company Relatively high debt levels The ratings on state-owned Akademiska Hus AB reflect the company's role as the major provider of high-quality rented university premises in Sweden; the strength and importance of the Swedish education sector; and the owner's explicit long-term objectives for the company. The ratings also reflect Akademiska Hus' adequate financial performance, but relatively high debt levels. Akademiska Hus is 100% state-owned and is the largest owner and manager of Swedish university and university college properties. Its tenants, the vast majority of which are...
Companies mentioned in this report are: Akademiska Hus AB,Sweden (Kingdom of)
Action: Review
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research Type: Full Analysis
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