S&P affirms Norske tog

S&P said it affirmed its A+/A-1 long- and short-term issuer credit rating on Norske tog AS. The outlook is stable.

S&P also affirmed its A+ issue ratings on Norske tog's unsecured bonds.

Furthermore, S&P said it is assigning an A+ issue rating to Norske tog's proposed euro medium-term note program, which the company is in process of signing.

“The affirmation of the issuer credit ratings reflects Norske tog's stable operating performance in 2017 and our expectation that this trend will also continue in the next few years,” S&P said in a news release.

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