Announcements
Drinks
Instrument data
Issuer
Senority
Senior Unsecured
Currency
EUR
ISIN
DE000A254TQ9
Coupon percent
4.25%
Coupon type
Fixed:Plain Vanilla Fixed Coupon
Instrument volume
30,000,000
Maturity date
01/04/2025
-
WD
Outlook:
N/A
WD
Latest change
Withdrawal
16/09/2020
General information
Rating
Public
Solicited
With issuer participation
UK endorsed
EU Rated
Withdrawal reason: client’s request
Rigel Scheller
Lead analyst
Thomas Faeh
Committee chair
![Scope affirms and withdraws B+/Stable issuer rating on FCR Immobilien AG](https://www.scopegroup.com/ScopeOneApi/images/announcement-img?imageName=mitteilung_69c2f3f75aa247d5ca42a4d6a967b2864d0f3026dae10fd163cd199c403c3ed7.jpg)
16/9/2020 Rating announcement EN
Scope affirms and withdraws B+/Stable issuer rating on FCR Immobilien AG
The affirmation reflects leverage remaining high at above 65%, partially mitigated by the addition of income-producing assets that are likely to support EBITDA interest cover going forward. The rating has been subsequently withdrawn for business reasons.
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