In the updated issuer rating, Scope emphasizes the company’s prudent measures to deleverage and reinforce the balance sheet through divestments and debt amortization. As the basis for the revised Outlook, Scope refers to the expected impact of the current macroeconomic environment on the company’s interest coverage ratio. Corem intends to remain active in the transactions market in order to enable deleverage and create conditions for long-term resilient financing.

“Corem has been proactively working over the past year to mitigate the effects of current market conditions through several successful divestments while maintaining a steady core business. This is confirmed by Scope’s updated assessment. At the same time, we will continue to prioritize efforts to ensure that we can navigate through challenging market conditions also in the future,” said Rutger Arnhult, CEO of Corem.