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Fitch assigns Samhallsbyggnadsbolaget i Norden 1st-time rating

Fitch Ratings assigned Samhällsbyggnadsbolaget i Norden AB (publ) a long-term issuer default rating of BB, with a positive outlook.

The rating agency said the positive outlook reflects the still-developing Swedish real estate operating and management company's potential to move toward investment grade, as it deleverages through the monetization of its building rights portfolio, expands in size and meets its management's business goals.