CBRE Group Inc. Assigned 'BBB+' Issuer Credit Rating; Outlook Stable - S&P Global Ratings’ Credit Research

CBRE Group Inc. Assigned 'BBB+' Issuer Credit Rating; Outlook Stable

CBRE Group Inc. Assigned 'BBB+' Issuer Credit Rating; Outlook Stable - S&P Global Ratings’ Credit Research
CBRE Group Inc. Assigned 'BBB+' Issuer Credit Rating; Outlook Stable
Published May 06, 2021
3 pages (1378 words) — Published May 06, 2021
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

CBRE Group Inc. is the parent holding company of CBRE Services Inc. and is the SEC filer for the consolidated group. CBRE Services Inc. is a core subsidiary of CBRE Group Inc. and is the main entity from which debt is issued. We assigned our 'BBB+' issuer credit rating to CBRE Group Inc. The stable outlook reflects our view that the company will maintain leverage of 1.5x-2.0x over the next 18-24 months, while maintaining its market-leading position in commercial real estate (CRE) services. NEW YORK (S&P Global Ratings) May 6, 2021--S&P Global Ratings today assigned a 'BBB+' issuer credit rating to CBRE Group Inc. The outlook is stable. The 'BBB+' rating on CBRE Group Inc. is in line with our

  
Brief Excerpt:

...May 6, 2021 - CBRE Group Inc. is the parent holding company of CBRE Services Inc. and is the SEC filer for the consolidated group. - CBRE Services Inc. is a core subsidiary of CBRE Group Inc. and is the main entity from which debt is issued. - We assigned our '###+' issuer credit rating to CBRE Group Inc. - The stable outlook reflects our view that the company will maintain leverage of 1.5x-2.0x over the next 18-24 months, while maintaining its market-leading position in commercial real estate (CRE) services. NEW YORK (S&P Global Ratings) May 6, 2021--S&P Global Ratings today assigned a '###+' issuer credit rating to CBRE Group Inc. The outlook is stable. The '###+' rating on CBRE Group Inc. is in line with our rating on CBRE Services Inc. CBRE Group Inc. is the entity that files the group's consolidated SEC filings. CBRE Services Inc. is the main issuer of debt for the company. We therefore assess CBRE Services as a core subsidiary to CBRE Group Inc. Our stable outlook on CBRE reflects...

  
Report Type:

Ratings Action

Issuer
CBRE Group Inc.
Sector
Global Issuers
Country
United States
Region
United States
Format:
PDF Adobe Acrobat
Buy Now

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "CBRE Group Inc. Assigned 'BBB+' Issuer Credit Rating; Outlook Stable" May 06, 2021. Alacra Store. May 25, 2025. <http://www.alacrastore.com/s-and-p-credit-research/CBRE-Group-Inc-Assigned-BBB-Issuer-Credit-Rating-Outlook-Stable-2642605>
  
APA:
S&P Global Ratings’ Credit Research. (). CBRE Group Inc. Assigned 'BBB+' Issuer Credit Rating; Outlook Stable May 06, 2021. New York, NY: Alacra Store. Retrieved May 25, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/CBRE-Group-Inc-Assigned-BBB-Issuer-Credit-Rating-Outlook-Stable-2642605>
  
US$ 150.00
$  £  €
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Credit Research from one place.