• +353-1-415-1241(GMT OFFICE HOURS)
  • 1-800-526-8630(US/CAN TOLL FREE)
  • 1-917-300-0470(EST OFFICE HOURS)
Servicer Ranking On Immofori Removed From CreditWatch Negative After Review Of Financial Opinion Following Sale Apr 10 Product Image

Servicer Ranking On Immofori Removed From CreditWatch Negative After Review Of Financial Opinion Following Sale Apr 10

  • Published: April 2010
  • Standard & Poors

Abstract
OVERVIEW We have removed our servicer ranking on Immofori from CreditWatch negative. This action follows our review of Immofori's financial position after the sale of the share capital from DG Hyp to a consortium of investors. Immofori is a Germany-based residential and commercial special loan servicer. LONDON (Standard & Poor's) April 28, 2010--Standard & Poor's Ratings Services today removed the CreditWatch negative placement from its ABOVE AVERAGE residential and commercial special servicer rankings on Immofori GmbH. The outlook is stable. This action follows our review of Immofori's financial position after the sale by Deutsche Genossenschafts-Hypothekenbank AG (DG Hyp) of the share capital to a newly formed company owned by a consortium of investors. Immofori was previously a subsidiary of DG...

Companies mentioned in this report are:
- Immofori AG
- Deutsche Genossenschafts-Hypothekenbank AG

Action: Removed From CreditWatch
Action: Servicer Ranking

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured READ MORE >

- Immofori AG
- Deutsche Genossenschafts-Hypothekenbank AG

Note: Product cover images may vary from those shown

RELATED PRODUCTS