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Broadband

Com Hem says S&P upgrades its debt rating to BB

Wednesday 2 March 2016 | 13:15 CET | News
Com Hem said that Standard & Poor's rating agency has upgraded its debt rating from BB- to BB with a stable outlook, citing its strong operational development in 2015. Last year, revenue rose by 5 percent to SEK 5 billion and underlying EBITDA improved by 3.7 percent to SEK 2.346 billion. Refinancing has led average interest costs to drop from 7.1 percent in 2014 to 4.1 percent in 2015, boosting cash flow by SEK 950 million last year.

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Categories: Fixed
Companies: Com Hem
Countries: Sweden
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