Investors Ditch Ratings for Returns in Bond Boom: Nordic Credit
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Norway is about to share its European dominance in unrated bonds with the rest of the Nordic region.
Issuance of bonds ignored by Moody’s Investors Service, Standard & Poor’s and Fitch Ratings has surged in Sweden and Finland. Many of the companies selling, such as Skanska AB and Finnair Oyj, are finding the lack of a credit rating is no impediment to attracting more local buyers.