Balder maintains its previously communicated preference for Entra to remain listed on the Oslo Stock Exchange while at the same time increasing our ownership interest in Entra. Balder has had a BBB stable rating since 2017 and we reconfirm our rating commitment to BBB and we would take the necessary steps to support our balance sheet and credit metrics if required.
![Erik Selin, CEO of Balder.](https://nordicpropertynews.com/uploads/article_images/6264/5352_0_top_thumb.jpg)
Erik Selin, CEO of Balder.
Image: Balder
S&P Changes Balder's Outlook Due to Mandatory Entra Bid
Nordic —
S&P has announced that they confirm Balder's BBB rating but revise the rating outlook to negative from stable. The revision is related to Balder's intention to make a mandatory offer for the remaining shares in Entra and uncertainty regarding the initial financing structure.
2021-10-19
Axel Ohlsson
[email protected]