76.2 KiB
3,50%- Unbesicherte Inhaberschuldverschreibungen 2016/2021
HFS Helvetic Financial Services AG
Rating History
| Rating | Watch | Outlook | Decision Date | Action Validity Date | Maximum Validity |
|---|---|---|---|---|---|
| n.r. | 14.09.2021 | 15.09.2021 | 15.09.2021 | ||
| BB | Outlook STA | 17.03.2021 | 18.03.2021 | 04.10.2021 | |
| BB+ | Outlook NEG | 07.12.2020 | 09.12.2020 | 04.10.2021 | |
| BBB- | Outlook NEG | 12.12.2019 | 18.12.2019 | 04.10.2021 | |
| BBB | 13.12.2018 | 19.12.2018 | 04.10.2021 |
News
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15.09.2021Further details regarding the regulatory requirements according to ESMA (European Securities and Markets Authority) Guidelines 33-9-320 can be found in the document attached below.
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18.03.2021Creditreform Rating downgraded its solicited SME issue rating of the corporate bond of HFS Helvetic Financial Services AG (HFS) with ISIN DE000A186WC7 from BB+ to BB. The adjustment is based solely on the development of the HFS SME issuer rating with the same determination date. Despite the installed equity covenants, the non-subordinated and unsecured bond has only a small number of creditor protection mechanisms, therefore a negative notching of one notch compared to the unsolicited SME issuer rating was applied. Similar to the SME issuer rating, the rating outlook is stable.
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09.12.2020Creditreform Rating downgraded its solicited SME issue rating of the corporate bond of HFS Helvetic Financial Services AG (HFS) with ISIN DE000A186WC7 from BBB- to BB+. The adjustment is based solely on the development of the HFS SME issuer rating with the same determination date. Despite the installed equity covenants, the non-subordinated and unsecured bond has only a small number of creditor protection mechanisms, therefore a negative notching of one notch compared to the unsolicited SME Issuer Rating was applied. Similar to the SME issuer rating, the rating outlook is set negative.
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18.12.2019Creditreform Rating downgraded its solicited corporate issue rating of the corporate bond of HFS Helvetic Financial Services AG (HFS) with ISIN DE000A186WC7 from BBB to BBB-. The adjustment is based solely on the development of the HFS corporate issuer rating with the same determination date. Despite the installed equity covenants, the non-subordinated and unsecured bond has only a small number of creditor protection mechanisms, which is why negative notching was used by a notch compared to the unsolicited corporate issuer rating. Similar to the corporate issuer rating, the rating outlook is set negative.
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19.12.2018Creditreform Rating has set the rating of the bearer bond of HFS Helvetic Financial Services AG with ISIN DE000A186WC7 unchanged at BBB. Despite the installed equity covenants, the non-subordinated and unsecured bearer bond has only a small number of creditor protection mechanisms, which is why a negative notching by one notch was used compared to the unsolicited corporate issuer rating.