DGAP-News: GRENKE AG / Key word(s): Rating
GRENKE AG: S&P affirms GRENKE AG ratings BBB+/A-2 and removes from
CreditWatch negative
2020-12-11 / 07:44
The issuer is solely responsible for the content of this announcement.
*S&P affirms GRENKE AG ratings BBB+/A-2* *and removes from CreditWatch
negative *
Baden-Baden, December 11, 2020: GRENKE AG, a global financing partner for
small and medium-sized enterprises, reports on Standard & Poor's yesterday's
rating action. S&P Global Ratings affirmed its 'BBB+/A-2' long- and
short-term issuer credit ratings and all related issue ratings on GRENKE AG
and its debt and removed them from CreditWatch, where they were placed with
negative implications on September 17, 2020. S&P's outlook on the long term
rating is negative. Please see the latest S&P reports on GRENKE AG at
https://www.grenke.com/investor-relations/debt-capital
For further information, please contact:
GRENKE AG
Team Investor Relations
Neuer Markt 2
76532 Baden-Baden
Phone: +49 7221 5007-204
Email: investor@grenke.de
Website: www.grenke.de
Press contact
Stefan Wichmann
Executive Communications Consulting
Alfred-Bierwirth-Weg 2
D-53572 Unkel (near Bonn)
Phone: +49 22 24 98 77 98
Email: presse@grenke.de
Mobile: +49 (0) 171 20 20 300
*About GRENKE*
The GRENKE Group (GRENKE) is a global financing partner for small and
medium-sized companies. As a one-stop shop for customers, GRENKE's products
range from flexible small-ticket leasing and demand-driven bank products to
convenient factoring. Fast and easy processing and personal contact with
customers and partners are at the centre of GRENKE's activities.
Founded in 1978 in Baden-Baden, the Company operates in 33 countries and
employs more than 1,700 staff worldwide. GRENKE shares are listed in the
MDAX on the Frankfurt Stock Exchange (ISIN DE000A161N30).
2020-12-11 Dissemination of a Corporate News, transmitted by DGAP - a
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The issuer is solely responsible for the content of this announcement.
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Language: English
Company: GRENKE AG
Neuer Markt 2
76532 Baden-Baden
Germany
Phone: +49 (0)7221 50 07-204
Fax: +49 (0)7221 50 07-4218
E-mail: investor@grenke.de
Internet: www.grenke.de
ISIN: DE000A161N30
WKN: A161N3
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart, Tradegate Exchange
EQS News ID: 1154518
End of News DGAP News Service
1154518 2020-12-11
(END) Dow Jones Newswires
December 11, 2020 01:44 ET (06:44 GMT)