As of 13th June 2014, The Swedish Covered Bond Corporation ("SCBC") will no longer be using Standard & Poor’s (”S&P”) rating for covered debt. In connection with the rating withdrawal, S&P confirms SCBC's AAA rating.
The covered bond rating from Moody’s will be retained. The parent company SBAB Bank AB (publ) will retain the rating both from S&P and Moody's.
For more information, please contact:
Louise Bergström, Head of Investor Relations,
+46 727-26 43 11, email@example.com
Mikael Inglander, CFO,
+46 706-62 13 14, firstname.lastname@example.org
The Swedish Covered Bond Corporation, “SCBC”, is a wholly owned subsidiary of the Government-owned SBAB Bank AB (publ). SCBC is a credit market company whose primary operations involve the issuance of covered bonds in Swedish and international markets. Learn more at www.sbab.se/investor