Emitents | Attīstības finanšu institūcija Altum, AS (5493007HPQSSX8BJ4315) |
Veids | 2.2. Iekšējā informācija |
Valoda | EN |
Statuss | Publicēts |
Versija | |
Datums | 2025-01-29 14:24:27 |
Versijas komentārs | |
Teksts |
On 28 January 2025 Moody’s Investors Service (Moody’s) affirmed the rating of JSC “Development Finance Institution ALTUM” (ALTUM) at Baa1 long-term issuer rating with outlook stable. The rating is the same as affirmed on 2 February 2024. Short-term issuer rating is also affirmed at the same Prime-2. The assigned Moody’s rating of ALTUM of Baa1 is one of the highest issuer ratings assigned to corporate entities in Latvia. ALTUM’s baa3 standalone assessment as follows from Moody’s assessment, represents:
Reinis Bērziņš, Chairman of the Management Board of ALTUM: “The high investment-grade rating enables us to work effectively with investors and raise resources in the capital markets to finance sustainable business projects important to the national economy. The high rating we have received for the ninth year in a line reaffirms the resilience of ALTUM's financial strategy and the strength of its risk management system leading us confidently implement state support programs and adhering to the highest standards of risk governance and financial management” ALTUM is rated by Moody’s Finance Companies Methodology, published in July 2024. Moody’s initially assigned ALTUM a long-term issuer rating of Baa1 in June 2017. ALTUM is a Latvian state-owned company providing enterprises and households access to financial resources by means of support financial instruments - loans, guarantees, investments in venture capital funds - in the areas defined as important and to be supported by the state, thus developing the national economy, and enhancing mobilization of the private capital and financial resources. On 2 February 2024 Moody’s Investors Service (Moody’s) affirmed ALTUM’s Baa1 long-term issuer rating, with outlook stable, following update of rating methodology. The rating and the short-term issuer rating at P-2, same as affirmed on 16 December 2022. The assigned Moody’s rating of ALTUM is one of the highest credit ratings assigned to corporate entities in Latvia. On 24 October 2017 the bonds issued by ALTUM were listed on a regulated market – Baltic Bond List of Nasdaq Riga.
Laura Lapkovska |
Pielikumi |