Announcements

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      Instrument data
      Issuer
      Senority
      Senior Unsecured
      Currency
      EUR
      ISIN
      DE000A3MQS64
      Coupon percent
      1.88%
      Coupon type
      Fixed:Plain Vanilla Fixed Coupon
      Instrument volume
      800,000,000
      Maturity date
      28/06/2028
      -
      A- Outlook: None
      A- Outlook: None
      Latest change
      Affirmed
      02/07/2024
      General information
      Rating
      Public
      Solicited
      With issuer participation
      UK endorsed
      EU Rated
      Rigel Scheller Lead analyst
      Marlen Shokhitbayev Committee chair
      Scope affirms Vonovia’s issuer rating at A- and maintains a Negative Outlook

      2/7/2024 Rating announcement EN

      Scope affirms Vonovia’s issuer rating at A- and maintains a Negative Outlook

      The Negative Outlook reflects the significant risk that high leverage may persist for a prolonged period, despite the company’s ongoing deleveraging efforts through asset sales.

      Scope affirms A- issuer rating on Vonovia SE; revises Outlook to Negative from Stable

      29/6/2023 Rating announcement EN

      Scope affirms A- issuer rating on Vonovia SE; revises Outlook to Negative from Stable

      The change in Outlook to Negative is due to the increased risk that deleveraging efforts might fail to produce a leverage ratio in line with the current rating.

      Scope affirms A-/Stable issuer rating on Vonovia SE

      8/7/2022 Rating announcement EN

      Scope affirms A-/Stable issuer rating on Vonovia SE

      The affirmation is supported by the strategy to suspend issuance of incremental debt, which benefits credit metrics and expands the buffer against the effect of weaker sentiment in the German housing market.

      Scope affirms A-/Stable issuer rating of Vonovia S.E.

      9/12/2021 Rating announcement EN

      Scope affirms A-/Stable issuer rating of Vonovia S.E.

      The affirmation is driven by Vonovia’s successful deleveraging efforts following the acquisition of Deutsche Wohnen S.E., with credit metrics reaching a level commensurate with the ratings in the coming months.

      Date Title