Oslo, 7 April 2026 - As a result of B2 Impact’s strong performance over time, S&P on April 1st upgraded its credit rating (corporate family rating) to BB (stable outlook) from previously BB- (positive outlook). The Senior Unsecured Bonds were also upgraded to BB from BB- given a better credit rating and unchanged recovery rating.
According to S&P the upgrade is a reflection of B2 Impact's successful refinancing efforts during the past couple of years which have enabled the company to materially reduce its interest expenses, releasing cash to fund investments without incurring additional debt. This reflects the company's clear financial policy in the past 24 months, which has prioritised deleveraging and business rationalisation, creating a clear differentiator compared with other distressed debt purchasing peers.
Additional highlights from S&P’s Rating Action Rationale:
- Higher investments and a structural shift to prioritize unsecured portfolios.
- Collection outperformance has resulted in rising collections (performance have trended between 105% to 110% of expected recoveries).
- Sound cost control with a materially rise in EBITDA levels.
- Consistent efforts to tap into the market at improved terms have given the company funding flexibility
- The company has no material repayments within the next three years and no maturity concentrations within its capital structure.
For further information, please contact:
Rasmus Hansson
Head of Investor Relations and M&A, B2 Impact ASA
Mobile: +47 952 55 842
E-mail: rasmus.hansson@b2-impact.com
or
André Adolfsen, CFO
Mobile: +47 930 19 150
E-mail: andre-adolfsen@b2-impact.com
About B2 Impact
B2 Impact is one of the leading pan-European credit management companies. B2 Impact offers solutions to the challenges created by defaulted loans, and provides liquidity to financial institutions, contributing to a healthier financial system. B2 Impact promotes lasting financial improvement through transparent and ethical debt management. B2 Impact 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
