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Moody's withdraws Hornbach Baumarkt AG ratings for business reasons

Rating Action: Moody's withdraws Hornbach Baumarkt AG ratings for business reasons. Global Credit Research- 29 Oct 2020. Paris, October 29, 2020-- Moody's Investors Service has withdrawn the Ba3 corporate family rating and stable outlook of Hornbach Baumarkt AG.

Hornbach Baumarkt AG: Update following confirmation of Ba3 rating

Our credit view of Hornbach, reflecting its solid performance in fiscal 2019 and Q1 2020.

Moody's confirms Hornbach's Ba3 CFR; outlook stable

Rating Action: Moody's confirms Hornbach's Ba3 CFR; outlook stable. Global Credit Research- 16 Jun 2020. Paris, June 16, 2020-- Moody's Investors Service today confirmed Hornbach Baumarkt AG's Ba3 long-term corporate family rating and its Ba3-PD probability of default rating.

Moody's announces completion of a periodic review of ratings of Hornba...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Hornbach Baumarkt AG. Global Credit Research- 14 May 2020. Paris, May 14, 2020-- Moody's Investors Service has completed a periodic review of the ratings of Hornbach Baumarkt AG and other ratings that are associated with the same analytical unit.

Moody's places Hornbach's ratings on review for downgrade

Rating Action: Moody's places Hornbach's ratings on review for downgrade. Global Credit Research- 02 Apr 2020. Paris, April 02, 2020-- Moody's Investors Service today placed on review for downgrade Hornbach Baumarkt AG's Ba3 long-term corporate family rating and its Ba3-PD Probability of Default Rating.

Moody's assigns Ba2 rating to Hornbach's proposed senior unsecured not...

Rating Action: Moody's assigns Ba2 rating to Hornbach's proposed senior unsecured notes. Global Credit Research- 14 Oct 2019. Paris, October 14, 2019-- Moody's Investors Service has assigned a Ba2 rating to the proposed senior unsecured notes to be issued by Hornbach Baumarkt AG, the German DIY-store chain.

Hornbach Baumarkt AG: Update following downgrade to Ba3

Our credit view of Hornbach, following the deterioration in key credit metrics.

Moody's downgrades Hornbach's corporate family rating to Ba3, negative...

Rating Action: Moody's downgrades Hornbach's corporate family rating to Ba3, negative outlook. Global Credit Research- 26 Aug 2019. Paris, August 26, 2019-- Moody's Investors Service has today downgraded the long-term corporate family rating of Hornbach Baumarkt AG, the German DIY-store chain, to Ba3 from Ba2.

Moody's announces completion of a periodic review of ratings of Hornba...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Hornbach Baumarkt AG. Global Credit Research- 18 Jun 2019. Paris, June 18, 2019-- Moody's Investors Service has completed a periodic review of the ratings of Hornbach Baumarkt AG and other ratings that are associated with the same analytical unit.

Moody's downgrades Hornbach's ratings to Ba2, stable outlook

Rating Action: Moody's downgrades Hornbach's ratings to Ba2, stable outlook. Global Credit Research- 20 Dec 2018. Paris, December 20, 2018-- Moody's Investors Service has today downgraded the long-term corporate family rating of Hornbach Baumarkt AG, the German DIY-store chain, to Ba2 from Ba1.

Hornbach Baumarkt AG: Update to discussion of key credit factors

A detailed rationale for Hornbach's rating, highlighting its weak, albeit improving, positioning in the rating category following 2017 results and Q1 2018 results

Please Change Name Francesco Bozzano
  • Please Change Name Francesco Bozzano

Hornbach Baumarkt AG: Update to discussion of key credit factors

CORPORATES CREDIT OPINION 20 July 2017 Update RATINGS Hornbach Baumarkt AG Domicile Germany Long Term Rating Ba1 Type LT Corporate Family Ratings Outlook Stable Please see the ratings section at the end of this report for more information. The ratings and outlook shown reflect information as of the publication date. Contacts Francesco Bozzano 33 (153) 301-037 Analyst [email protected] Y

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