Credit

Net debt

SEK million

As of December 2018

As of December 2017

Change

Revolving Credit Facility

6,883

4,464

2,419

Borrowings, Current

488

903

-415

Other interest bearing liabilities (1)

18

18

0

2021 Notes

6,357

6,114

243

Total financial third party debt

13,746

11,499

2,247

Subordinated Shareholder Debt

4,661

4,872

-211

Total aggregated debt

18,407

16,371

2,036

Cash and cash equivalent

-1,423

-1,083

-340

Net debt (2)

16,984

15,288

1,696

Equity

2,978

1,995

983

Total capitalization

19,962

17,283

 2,679

(1) Other interest bearing liabilities is comprised of deposits.
(2) Net debt excludes capitalized borrowing costs.
     

 

 

Corporates ratings

Company

Rating date

Rating

Outlook

Rating type

FitchRatings

2018-09-19

B+

Stable

Long-term Issuer Default Rating

FitchRatings

2017-05-25

B+

Stable

Long-term Issuer Default Rating

FitchRatings

2016-04-19

B+

Stable

Long-term Issuer Default Rating

 

 

Ratings

Company

Rating date

Rating

Outlook

PIK Note

Rating type

S&P   Global Ratings

2018-01-29

B+

Positive

B+

Long-term   corporate credit rating

S&P   Global Ratings

2017-05-25

B+

Stable

B

Long-term   corporate credit rating

S&P   Global Ratings

2016-04-19

B+

Stable

B

Long-term   corporate credit rating

 

Ratings do not constitute a recommendation to buy, sell or hold any financial instruments issued by Corral Petroleum Holdings AB. As aforementioned ratings may be subject to amendment, action, suspension or withdrawal, website users are required to verify current long-term and short-term rating and current
outlook