Swedavia receives investment grade credit rating from Moody's
On November 5, 2025, Swedavia received a credit rating of Baa1 (positive outlook) from Moody's Ratings.
“The fact that we have received a solid investment grade rating is a good testament to Swedavia's credibility and stability as a company. The rating gives us greater flexibility and access to cost-effective financing on the capital market, which further strengthens the conditions for continued development of our airports," says Kristina Ferenius, Swedavia's CFO.
Swedavia's Board of Directors has also decided to introduce a cash flow-based capital structure target in the form of FFO/Debt instead of the previous debt ratio target. Swedavia finances most of its investments in the capital market and the new target is more market-oriented. The target level was set at ≥10%. Other financial targets were left unchanged. The new target will be monitored and reported with effect from the fourth quarter of 2025.
For further information on Swedavia's credit rating of Baa1 (positive outlook), see Moody's Ratings' press release.
Rating Action Moodys Ratings Assigns (pdf)
For further information, please contact Ellen Laurin, Deputy Head of Media Communications and Media Relations at Swedavia tel. +46 (0)10-109 01 00 or press@swedavia.se.