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Borregaard ASA ( (GB:0QB7) ) has issued an announcement.
Scope Ratings has affirmed Borregaard ASA’s issuer credit rating at A- with a Stable outlook, while assigning the same A- rating to the company’s senior unsecured debt. The confirmation underscores the rating agency’s continued confidence in Borregaard’s creditworthiness and financial stability, which supports its access to capital markets on favorable terms.
The maintained A-/Stable rating is likely to reassure investors and bondholders about the company’s risk profile and debt-servicing capacity. This stability in credit assessment may strengthen Borregaard’s position in the specialty chemicals market by underpinning its ability to finance ongoing operations and potential growth initiatives at competitive funding costs.
The most recent analyst rating on (GB:0QB7) stock is a Hold with a NOK175.00 price target. To see the full list of analyst forecasts on Borregaard ASA stock, see the GB:0QB7 Stock Forecast page.
More about Borregaard ASA
Borregaard ASA is a Norwegian specialty chemicals company that develops and produces bio-based chemicals and advanced materials. The company focuses on sustainable solutions derived from wood and other renewable raw materials, serving industrial customers in sectors such as construction, agriculture, and performance chemicals.
Average Trading Volume: 127,080
Current Market Cap: NOK16.73B
For an in-depth examination of 0QB7 stock, go to TipRanks’ Overview page.
