Research And Markets Research And Markets
0 CHECKOUT

Summary: Hornbach-Baumarkt-AG

  • ID: 1711911
  • February 2011
  • Standard & Poors
1 of 3

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-Baumarkt-AG (Baumarkt) reflect Standard & Poor's Ratings Services' view of the group's significant financial risk profile due to leverage incurred from previous debt-financed capital investments. This is mitigated by the group's financial policy of carefully managed capital READ MORE >

Note: Product cover images may vary from those shown
2 of 3

Hornbach-Baumarkt-AG

Note: Product cover images may vary from those shown
3 of 3
Note: Product cover images may vary from those shown

RELATED PRODUCTS from Db