Fitch lowers Heimstaden AB’s Long-Term Issuer Default rating (IDR) to ‘B-‘ and revises the Outlook to Rating Watch Negative (RWN) from Negative. Today Fitch stated “Heimstaden AB’s RWNs reflect the execution risk of its bond issuance planned for 1Q25 together with today’s tender offer to repay bonds maturing in 2025 …
