E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 4/23/2020 in the Prospect News High Yield Daily.

S&P removes Adler from developing watch

S&P said it affirmed Adler Real Estate AG’s BB rating and removed the company’s ratings from CreditWatch with developing implications. ADO Properties SA acquired Adler and now owns 94.1% of the company.

S&P also affirmed the BB+ and 2 recovery rating on Adler’s senior unsecured notes.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.