Moody’s Ratings (Moody’s) has today upgraded Hoist Finance AB (publ)’s (Hoist’s) ratings, including the long-term issuer and senior unsecured ratings to Baa1 from Baa2 and the subordinate ratings to Ba1 from Ba2. The outlook on the long-term senior unsecured and issuer ratings was changed to stable from positive.

Harry Vranjes, CEO of Hoist Finance, comments: “We are pleased to see that our continued efforts to deliver on our strategy, further strengthen risk management and improve performance with a strong commitment to operational excellence, are all recognized in this ratings upgrade. We continue this work as we advance on our growth journey.”

For more information, please contact:

Karin Tyche, Chief Investor Relations Officer
ir@hoistfinance.com
+46 76 780 97 65

About Hoist Finance

Hoist Finance is an asset manager specialised in non-performing loans. For more than 30 years, we have invested in and managed debt portfolios. We are a partner to international banks and financial institutions across Europe, acquiring their non-performing loan portfolios. We are also a partner to consumers and smaller companies in a debt situation, creating long-term sustainable repayment plans enabling them to honour their commitments. We are a regulated credit market company under the supervision of the SFSA, present in 14 European countries. Our share is listed on Nasdaq Stockholm. For more information, visit www.hoistfinance.com.

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Moody’s upgrades Hoist Finance’s credit ratings