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Moody’s upgrades Hoist Finance’s credit ratings
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| 2016-05-02 | - | X-dag ordinarie utdelning HOFI 0.75 SEK |
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Beskrivning
| Land | Sverige |
|---|---|
| Lista | Mid Cap Stockholm |
| Sektor | Finans |
| Industri | Övriga finansiella tjänster |
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Moody’s Ratings (Moody’s) has today upgraded Hoist Finance AB (publ)’s (Hoist’s) ratings, including the long-term issuer and senior unsecured ratings to Baa1 from Baa2 and the subordinate ratings to Ba1 from Ba2. The outlook on the long-term senior unsecured and issuer ratings was changed to stable from positive.
Harry Vranjes, CEO of Hoist Finance, comments: “We are pleased to see that our continued efforts to deliver on our strategy, further strengthen risk management and improve performance with a strong commitment to operational excellence, are all recognized in this ratings upgrade. We continue this work as we advance on our growth journey.”
For more information, please contact:
Karin Tyche, Chief Investor Relations Officer
[email protected]
+46 76 780 97 65
About Hoist Finance
Hoist Finance is an asset manager specialised in non-performing loans. For more than 30 years, we have invested in and managed debt portfolios. We are a partner to international banks and financial institutions across Europe, acquiring their non-performing loan portfolios. We are also a partner to consumers and smaller companies in a debt situation, creating long-term sustainable repayment plans enabling them to honour their commitments. We are a regulated credit market company under the supervision of the SFSA, present in 14 European countries. Our share is listed on Nasdaq Stockholm. For more information, visit www.hoistfinance.com.