German HeidelbergCement Outlook Revised To Positive On Likely Improvement In Credit Metrics; 'BB-/B' Ratings Affirmed - S&P Global Ratings’ Credit Research

German HeidelbergCement Outlook Revised To Positive On Likely Improvement In Credit Metrics; 'BB-/B' Ratings Affirmed

German HeidelbergCement Outlook Revised To Positive On Likely Improvement In Credit Metrics; 'BB-/B' Ratings Affirmed - S&P Global Ratings’ Credit Research
German HeidelbergCement Outlook Revised To Positive On Likely Improvement In Credit Metrics; 'BB-/B' Ratings Affirmed
Published Sep 10, 2010
1302 words — Published Sep 10, 2010
Price US$ 150.00  |  Buy this Report Now

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Abstract:

We believe that German building materials group HeidelbergCement AG's credit metrics will gradually improve toward levels commensurate with a higher rating. We are revising the outlook on HeidelbergCement to positive from stable. We are affirming the 'BB-' long-term and 'B' short-term corporate credit ratings on HeidelbergCement. The positive outlook reflects our view of the gradual improvement in HeidelbergCement's credit metrics. LONDON (Standard&Poor's) Sept. 10, 2010--Standard&Poor's Ratings Services said today that it revised the outlook on German building materials group HeidelbergCement AG to positive from stable. At the same time, we affirmed the long-term corporate credit rating of 'BB-' and the short-term corporate credit rating of 'B'. The rating actions reflect our view that HeidelbergCement's credit metrics

  
Brief Excerpt:

RESEARCH German HeidelbergCement Outlook Revised To Positive On Likely Improvement In Credit Metrics; '##-/B' Ratings Affirmed Publication date: 10-Sep-2010 Primary Credit Analyst: Sabine Gromer, London (44) 20 7176 6010; sabine_gromer@standardandpoors....

  
Report Type:

Ratings Action

Ticker
HEI@GR
Issuer
GICS
Construction Materials (15102010)
Sector
Global Issuers
Country
Region
Europe, Middle East, Africa
Format:
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MLA:
S&P Global Ratings’ Credit Research. "German HeidelbergCement Outlook Revised To Positive On Likely Improvement In Credit Metrics; 'BB-/B' Ratings Affirmed" Sep 10, 2010. Alacra Store. May 08, 2025. <http://www.alacrastore.com/s-and-p-credit-research/German-HeidelbergCement-Outlook-Revised-To-Positive-On-Likely-Improvement-In-Credit-Metrics-BB-B-Ratings-Affirmed-819612>
  
APA:
S&P Global Ratings’ Credit Research. (). German HeidelbergCement Outlook Revised To Positive On Likely Improvement In Credit Metrics; 'BB-/B' Ratings Affirmed Sep 10, 2010. New York, NY: Alacra Store. Retrieved May 08, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/German-HeidelbergCement-Outlook-Revised-To-Positive-On-Likely-Improvement-In-Credit-Metrics-BB-B-Ratings-Affirmed-819612>
  
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