Announcements

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      Instrument data
      Issuer
      Senority
      Senior Unsecured
      Currency
      GBP
      ISIN
      XS2749469115
      Coupon percent
      5.5%
      Coupon type
      Fixed:Plain Vanilla Fixed Coupon
      Instrument volume
      400,000,000
      Maturity date
      18/01/2036
      -
      A- Outlook: None
      A- Outlook: None
      Latest change
      Affirmed
      02/07/2024
      General information
      Rating
      Public
      Solicited
      With issuer participation
      UK endorsed
      EU Rated
      Michel Angelo Bove 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.

      Date Title