Scope Ratings GmbH assigns first-time issuer rating of A-/Stable to Borregaard ASA. The same rating is assigned to the company's senior unsecured debt.
The rating reflects Borregaard's efficient and unique production capabilities, strong positions in key speciality chemicals markets, strong profitability and low financial leverage.
The full rating report from Scope Ratings is attached.
Sarpsborg, 23 March 2023
Contacts:
CFO, Per Bjarne Lyngstad, +47 952 44 515
Director Investor Relations, Knut-Harald Bakke, +47 905 79 164
This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.
Attachment
- Scope_Ratings_Borregaard_ASA_Rating_Report_2023_Mar