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S&P affirms Linköpings Stadshus ratings

S&P Global Ratings affirmed its ratings on Linköpings Stadshus AB, which offers housing supply, school property management, water and heat supply, parking, and cultural facility services to residents of Linköping, Sweden.

The affirmation pertains to the municipal holding company's AA+/A-1+ long- and short-term issuer credit ratings and its K-1 short-term Nordic regional-scale rating.

The ratings outlook is stable.

The rating agency noted that Linköpings Stadshus is a "crucial contributor" to Linköping's overall infrastructure and public policy and that the company "would benefit from an almost certain likelihood of extraordinary government support if under stress."

This S&P Global Market Intelligence news article may contain information about credit ratings issued by S&P Global Ratings. Descriptions in this news article were not prepared by S&P Global Ratings.