Announcements
Drinks
Instrument data
Senority
Senior Unsecured
Currency
EUR
ISIN
XS2597112155
Coupon percent
4.5%
Coupon type
Fixed
Instrument volume
5,000,000
Maturity date
10/03/2025
-
CCC
Outlook:
None
CCC
Outlook:
None
Latest change
Affirmed
12/07/2024
General information
Rating
Public
Solicited
With issuer participation
UK endorsed
EU Rated
Thomas Faeh
Lead analyst
Philipp Wass
Committee chair
18/9/2023 Rating announcement EN
Scope downgrades SBB’s issuer rating to CCC under review for a developing outcome
Weaker leverage and interest coverage, slow progress on the strategic review, liquidity and governance concerns and the dependence on asset sales to fund short-term debt obligations drive the downgrade.
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