Maersk's credit rating could be at risk

Access to cheap capital could be at risk for A.P. Moeller-Maersk, writes Børsen citing a credit analysis by Danske Bank.

Photo: Nanna Navntoft

There is a risk that A.P. Moeller-Maersk could have its credit rating downgraded within the next year, reports Danish business daily Børsen.

The newspaper has viewed a credit analysis from Danske Bank, which concludes that there is a 30-70-percent risk that Maersk could go from 'investment grade' to 'high-yield', also described as junk bonds, in the next 12 months.

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Poseidon Principles set to raise ambitions in coming weeks

The banks in Poseidon Principles are working on the basis of halving CO2 emissions in shipping by 2050. At the same time, some of the same banks are working towards a target of CO2 neutrality by 2050 as part of the Net-Zero Banking Alliance. Before long, Poseidon will reassess its ambition.

Further reading

Related articles

Trial banner

Latest news

See all jobs