Reykjavík Energy‘s (Orkuveita Reykjavíkur; OR) outperformance of financial forecast for 2018 is among reasons for Fitch‘s affirmation of the company‘s credit rating at BB+ with stable outlook. Fitch expects relatively stable credit metrics over 2019-2023 with marginal improvement in leverage.
Fitch‘s release is attached.
Contact:
Ingvar Stefánsson
CFO
Tel + 354 516 6100
Attachment
