Gjensidige Forsikring’s Bond Receives ‘BBB+’ Rating
Company Announcements

Gjensidige Forsikring’s Bond Receives ‘BBB+’ Rating

Gjensidige Forsikring ASA (GB:0OJC) has released an update.

Gjensidige Forsikring ASA, a leading Nordic insurance group, has been assigned a ‘BBB+’ rating by S&P Global Ratings for its NOK 900 million subordinated bond. The issuance is expected to enhance Gjensidige’s capital base, though a portion may not be included in total adjusted capital due to regulatory thresholds. Investors will be watching the company’s regulatory solvency position closely, as changes could impact the bond’s rating.

For further insights into GB:0OJC stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks European Auto-Generated NewsdeskGjensidige Forsikring ASA to Issue New Tier 2 Bond
TheFlyGjensidige downgraded to Hold from Buy at DNB Markets
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App