News

Euler Hermes Rating has confirmed the BBB issuance rating for the senior notes issued by Borkum Riffgrund 2 Investor Holding GmbH. The underlying factors were a combination of moderate project risks, moderate financial risks, low operational risks and adequate terms of issuance with adequate recovery expectations. We expect the rating to remain stable over the […]

Euler Hermes Rating has assigned a B+ first-time issuer rating to Hungarian transportation and logistics company Trans-Sped Kft. The proposed 2020/2030 bond was rated B+ based on preliminary terms. The B+ first-time issuer rating is mainly driven by Trans-Sped’s operations in the transportation and logistics sector which we assess as highly cyclical and highly competitive […]

Euler Hermes Rating has confirmed the BBB issuance rating for the senior notes issued by Gode Wind 1 Investor Holding GmbH. The underlying factors were a combination of moderate project risks, moderate financial risks, low operational risks and adequate terms of issuance with adequate recovery expectations. We expect the rating to remain stable over the […]

Euler Hermes Rating has assigned a BB+ first-time issuer rating to Hungarian gas distributor TIGÁZ Földgázelosztó Zrt. At the same time the proposed 2019/2029 bond issuance was rated BB+ based on preliminary terms. The BB+ first-time issuer rating is mainly driven by low to moderate business risks due to an established market regulation, a territory-based […]

Euler Hermes Rating confirms Vitens N.V. A+ issuer credit rating Euler Hermes Rating has confirmed Vitens N.V.s issuer credit rating at A+. The underlying factors were a combination of a low business risk profile, a moderate financial risk profile and a four-notch uplift for implied governmental support. We expect the rating to remain stable over […]

Rating of Scholz Group withdrawn as of 28 May 2019 (…)
 
> Rating Update (PDF)