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Summary: Hornbach Holding AG Product Image

Summary: Hornbach Holding AG

  • ID: 1711652
  • January 2010
  • Standard & Poors

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.

This product consists of a Summary Analysis: Bi-annual (at least). An abbreviated analysis containing Standard & Poor's issuer credit ratings as of the time the article was published. The analysis includes a rating rationale - the basis on which the rating was assigned - and an outlook section if the issuer is not on CreditWatch. Financial statistics are not included.

Abstract
The ratings on Germany-based home-improvement retailer Hornbach Holding AG (Hornbach) reflect Standard & Poor's Ratings Services' view of the company's aggressive financial risk profile due to its debt-financed organic expansion program. READ MORE >

Hornbach Holding AG,Hornbach-Baumarkt-AG

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