Employment Fund outlook turns negative as S&P affirms AA+/A-1+ rating
Updated
Updated · sttinfo.fi · May 8
Employment Fund outlook turns negative as S&P affirms AA+/A-1+ rating
8 articles · Updated · sttinfo.fi · May 8
The Finnish fund said the move matches Finland’s outlook after S&P’s 24 April action, while its long- and short-term ratings remain equalised with the sovereign.
S&P cited persistent risks to Finland’s public finances from weak growth, ageing demographics, and higher defence and interest costs.
Employment Fund has a €600 million senior unsecured bond issued in 2020 and due in June 2027, with the AA+ rating first assigned that year.
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