SBBs Credit Upgrade 2024
Standard & Poor’s has raised SBB‘s credit rating from SD, “selective default”, to CCC with a negative outlook, a move that occurred just days after the company itself lowered its rating. This increase in the rating can be interpreted as a surprising shift in the assessment of the company’s financial strength and future prospects.
Although this change can be seen as a technicality, it reflects some uncertainty about SBB’s financial situation and raises questions about stability and reliability among investors and market participants.
Source: bolagskontaktab