Nordic institutional investors continue to support Nordic Credit Rating
Prenumeration
Nordic Credit Rating (NCR) raises 50 million NOK to support its mission of becoming the credit rating agency of choice for Nordic issuers and investors.
“We are pleased to see continued strong support from our current investor base and welcome the new shareholders onboard,” says Ragnar Sjoner, chairman of the board of NCR, and continues: “NCR has passed several milestones to date and has shown that it has a concept well-suited for the Nordic bond markets”.
Since receiving its license from the European Securities and Markets Authority (ESMA) in August 2018, NCR has published eight issuer ratings on banks and corporates in Norway and Sweden. In addition, the investor community has praised its thought leadership reports and commentaries on current topics.
To prepare for future growth, 50 million NOK has been raised from existing and new shareholders mainly in the Nordic countries. The share issue was supported by some of the largest banks, insurance companies and asset managers in the region.
“The team will now focus adding more ratings to increase transparency for Nordic bond investors as well as further developing our analytical approach,” says Gustav Liedgren, CEO of the company.
Nordic Credit Rating has offices in Oslo and Stockholm and nine employees. To date, the company has published ratings on banks and real estate companies in Norway and Sweden and is currently looking to broaden its scope to other sectors and countries. A list of the company’s shareholders can be found here.
Contact details:
Ragnar Sjoner, Chairman of the Board, +47 928 21 998
Gustav Liedgren, CEO, +46 736 496 543, gustav.liedgren@nordiccreditrating.com
| Shareholder | Shares | Stake | Country |
| Bergen kommunale pensjonskasse | 29,970 | 4.99% | NO |
| Danske Bank A/S | 29,970 | 4.99% | DK |
| DNB Bank ASA | 29,970 | 4.99% | NO |
| Gjensidige Forsikring ASA | 29,970 | 4.99% | NO |
| KLP | 29,970 | 4.99% | NO |
| MP Pensjon PK | 29,970 | 4.99% | NO |
| Nordic Trustee Holding ASA | 29,970 | 4.99% | NO |
| Oslo Børs VPS Holding ASA | 29,970 | 4.99% | NO |
| Pareto AS | 29,970 | 4.99% | NO |
| Pecunia Forvaltning AS | 29,970 | 4.99% | NO |
| Sparebank 1 Gruppen AS | 29,970 | 4.99% | NO |
| Sparebanken Vest | 29,970 | 4.99% | NO |
| Storebrand ASA | 29,970 | 4.99% | NO |
| Svenska Handelsbanken AB | 29,970 | 4.99% | SE |
| TD Veen AS | 29,970 | 4.99% | NO |
| Profond AS | 23,934 | 3.99% | NO |
| Abeille Value Holdings LLC | 15,000 | 2.50% | US |
| Nordenfjelske Bykreditts Stiftelse | 12,000 | 2.00% | NO |
| Eika Boligkreditt AS | 10,000 | 1.67% | NO |
| Eika Gruppen AS | 10,000 | 1.67% | NO |
| OMX Treasury Euro AB (Nasdaq) | 10,000 | 1.67% | SE |
| Surfside Holding AS (Storm Capital) | 10,000 | 1.67% | NO |
| Swedbank AB | 9,800 | 1.63% | SE |
| Alfred Berg Kapitalforvaltning AS | 8,000 | 1.33% | NO |
| Danja Invest AS | 7,966 | 1.33% | NO |
| Fana Sparebank | 8,000 | 1.33% | NO |
| Sparebanken Møre | 6,000 | 1.00% | NO |
| Trønder Energi | 5,000 | 0.83% | NO |
| EWI AS | 2,000 | 0.33% | NO |
| Management and board | 13,050 | 2.17% | NO/SE |
| Sum | 600,300 | 100% |