SBB - comment

Fitch’s negative watch notice will not impact the bond pricing materially. Fitch's issues around liquidity and execution risk on the sale of the rest of the Education Business are well known.  

https://www.fitchratings.com/research/corporate-finance/fitch-places-sbb-samhallsbyggnadsbolaget-i-norden-on-rating-watch-negative-03-07-2023