EDIF II Notes

News

• 29.09.2025
  Further 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.
• 10.09.2024
  Further 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.
• 18.10.2023
  Further 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.
• 04.11.2022
  Further 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.
• 08.10.2021
  Further 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.
• 20.05.2021
  Further 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.
• 01.10.2020
  Further 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.
• 04.11.2019
  Creditreform Rating has affirmed the rating of the bearer bonds with ISIN XS1725522004 issued by Pension Alternative Markets SCS SICAV-FIS, acting on behalf of its sub-fund Pension Alternative Markets I, with BBB- / stable. The issue proceeds will be invested in an investment vehicle, which itself will invest in predominately non-listed infrastructure investments in Europe. The investment vehicle will be managed by an UK-based manager with sufficient management capabilities in the acquisition, management and sale of such assets. The main reasons behind the decision are the realized fund investments which are in line with our expectations. The expected cash flow generation has been tested, taking into account several stressed scenarios. The bearer bonds benefit from different credit enhancements, which will be build up during the bonds´ duration. Our quantitative analyses display a moderate stress resistance of the structure with regard to combined stressed parameters.
• 27.02.2019
  Creditreform Rating has in the context of its methodology review prolonged the additive watch for the bearer bonds with the ISIN XS1725522004 issued by Pension Alternative Markets SCS SICAV-FIS, acting on behalf of its subfund I and confirmed the rating with BBB-. A final rating decision will be carried out within the ongoing re-rating.
• 01.08.2018
  Creditreform Rating has set the rating of the bearer-bonds with ISIN XS1725522004 issued by Pension Alternative Markets SCS SICAV-FIS, acting on behalf of its sub-fund Pension Alternative Markets I, to (watch) and is going to review the rating due to a methodology change and in accordance with regulatory requirements. The review is open-ended.
• 10.04.2018
  Creditreform Rating has set the rating of the bearer bonds with ISIN XS1725522004 issued by Pension Alternative Markets SCS SICAV-FIS, acting on behalf of its sub-fund Pension Alternative Markets I, with BBB- / stable. The issue proceeds will be invested in an investment vehicle, which itself will invest in predominately non-listed infrastructure investments in Europe. The investment vehicle will be managed by an UK-based manager with sufficient management capabilities in the acquisition, management and sale of such assets. The main reasons behind the decision are the expected credit quality of the portfolio assets which is related to predominately regulated businesses. The expected cash flow generation has been tested, taking into account several stressed scenarios. The bearer bonds benefit from different credit enhancements, which will be build up during the bonds´ duration. Our quantitative analyses display a moderate stress resistance of the structure with regard to combined stressed parameters.