HeidelbergCement has cancelled its long-standing rating agreement with the rating agency Standard & Poor’s (S&P). The rating agreements with the internationally-recognised rating agencies FitchRatings and Moody's will continue unchanged. “Thanks to its outstanding reputation at the credit markets and the ratings from Moody’s and Fitch, HeidelbergCement retains a strong capability to successfully execute capital market transactions at attractive terms,” says the company. HeidelbergCement is rated as an issue
Heidelberg Cement
has cancelled its long-standing rating agreement with the rating agency
Standard & Poor’s
(S&P).
The rating agreements with the internationally-recognised rating agencies FitchRatings and Moody’s will continue unchanged.
“Thanks to its outstanding reputation at the credit markets and the ratings from Moody’s and Fitch, HeidelbergCement retains a strong capability to successfully execute capital market transactions at attractive terms,” says the company.
HeidelbergCement is rated as an issuer by Moody’s Investor Service and Fitch Ratings. The issuer/corporate rating is Ba1 stable respectively BB+ stable.
