Saab receives investment grade credit rating

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Saab receives investment grade credit rating


  SAAB


Saab receives investment grade credit rating View Caption
  4 June 2024

Saab has received an initial investment-grade credit rating from S&P Global. The credit rating institute assigned Saab a rating of BBB+ with a stable outlook.

 

S&P notes that Saab holds leading positions across its core divisions and long-term relationships with its customers, coupled with significant exposure to the robust defence industry. S&P further states that the BBB+ rating reflects Saab's strong balance sheet, conservative financial policy, and strong cash generation profile, supported by strong liquidity.

 

“We are pleased to have secured a BBB+ investment-grade rating from S&P Global. This rating gives us more flexibility and potential in the credit market for future financing,” says Christian Luiga, CFO and Deputy CEO of Saab.