Credit

Net debt

SEK million

As of December 2017

As of December 2016

Change

Revolving Credit Facility

4,464

5,080

-616

Borrowings, Current

903

103

800

Other interest bearing liabilities (1)

18

19

-1

2021 Notes

6,114

5,953

161

Total financial third party debt

11,499

11,155

344

Subordinated Shareholder Debt

4,872

5,251

-379

Total aggregated debt

16,371

16,406

-35

Total equity

1,995

-769

2,764

Total indebtedness and equity

18,366

15,637

2,729

Cash and cash equivalent

-1,083

-1,030

-53

Net debt (2)

17,283

14,607

2,676

(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