The credit rating of Bluestep Bank AB (publ) has been upgraded to Baa1 with positive outlook by Moody’s

Moody’s has upgraded the credit rating of Bluestep Bank (long-term deposit rating) to Baa1 from Baa2. Moody’s has also changed the outlook to positive from stable.

“We are very pleased that the diversification of Bluestep’s funding is recognized by Moody’s”, says Johanna Clason, Bluestep’s CFO.

Bluestep Bank has a Medium Term Note-programme with a framework amount of SEK 5 billion, with SEK 2 billion of outstanding bonds.

Link to Moody’s press release: https://www.moodys.com/research/Moodys-upgrades-BlueStep-Banks-deposit-rating-to-Baa1-outlook-changed--PR_418218

For more information, please contact:

Louise Bergström, Head of Investor Relations

+46 73 142 74 66

Louise.bergstrom@bluestep.se