B2 Impact ASA: Moody's upgrades B2 Impact's credit rating to Ba2

B2 Impact is pleased to share that Moody’s on September 29th upgraded its credit rating (corporate family rating) to Ba2 from previously Ba3. The senior unsecured bond rating is upgraded to Ba3 from previously B1. The outlook remains stable.

According to Moody’s the upgrade is a reflection of the company's more balanced and moderate growth strategy since 2019, The amended strategy has resulted in solid and continuous profitability, leverage below the sector's average, strong equity buffers and diminishing liquidity pressures. B2 Impact's financial profile has been stable since 2019 in the upper Ba range, despite COVID-19 related challenges and despite a highly competitive operating environment in the debt purchasing segment. B2 Impact's management has also ensured timely refinancings and adequate back-up facilities in order to mitigate refinancing risks during periods of potentially constrained capital market access. Moody's also takes into consideration that given a low current leverage level and headroom under its financial covenants, B2 Impact is well positioned to continue its moderate but profitable growth path.

For further information, please contact:

Rasmus Hansson
Head of Investor Relations and M&A, B2 Impact ASA
Mobile: +47 952 55 842
E-mail: [email protected]

About B2 Impact ASA
B2 Impact ASA (previously B2Holding ASA) is one of the leading pan-European debt management companies. B2 Impact offers solutions to the challenges created by defaulted loans, and provide liquidity to financial institutions, contributing to a healthier financial system. B2 Impact promote lasting financial improvement through transparent and ethical debt management. The Company was founded in 2011 and employs around 1,700 people. B2 Impact ASA is headquartered in Oslo, Norway and the B2 Impact share is listed on the Oslo Stock Exchange under the ticker “B2I”. For further information, visit www.b2-impact.com