Moody's Investors Service has in a press release affirmed Castellum's credit rating of Baa3 and changed the outlook from stable to positive. The change to positive outlook reflects the continued good operating and financial performance of Castellum.
− A strengthened credit rating is expected to result in lower capital costs and reduced refinancing risk over time. Obtaining a positive outlook on the credit rating shows that the work to strengthen the company's credit profile is paying off, says Joacim Sjöberg, CEO of Castellum AB.
For further information, please contact:
Joacim Sjöberg, Chief Executive Officer, Castellum AB, +46 8 503 052 00
Jens Andersson, Chief Financial Officer, Castellum AB, +46 (0)76 855 67 02
