Corestate Capital Holding S.A.
Corestate Capital Holding S.A.: CORESTATE has been assigned a first time long-term corporate credit rating by international rating agency Standard & Poor’s
DGAP-News: Corestate Capital Holding S.A. / Key word(s): Rating CORESTATE has been assigned a first time long-term corporate credit rating by international rating agency Standard & Poor’s – Corporate credit rating: “BB+/Stable Outlook” – CORESTATE is the only real estate investment manager in Germany that has been assigned a corporate credit rating from an international rating agency – The rating improves CORESTATEs access to capital market financing, in particular to the bond market
The rating underscores CORESTATE’s strong business model with a high share of recurring income as well as strong positioning in the market. “The rating is a key element to improve our access to financing. In the future, we will have lower funding costs and be able to implement flexible financing structures in the short term. The rating provides CORESTATE with a competitive advantage for further acquisitions within the asset management sector,” explains Lars Schnidrig, CFO of CORESTATE. IR Contact About CORESTATE Capital Holding S.A. Forward-Looking Statements
06.11.2017 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English |
Company: | Corestate Capital Holding S.A. |
4, Rue Jean Monnet | |
L-2180 Luxembourg | |
Luxemburg | |
Phone: | +49 69 3535630-106 |
Fax: | +49 69 3535630-29 |
E-mail: | alexander.groschke@corestate-capital.com |
Internet: | www.corestate-capital.com |
ISIN: | LU1296758029 |
WKN: | A141J3 |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange |
End of News | DGAP News Service |