News
06/18/2015
Deutsche Wohnen AG: Standard & Poor's and Moody's upgrade ratings for Deutsche Wohnen AG to A- and A3
DGAP-News: Deutsche Wohnen AG: Standard & Poor's and Moody's upgrade ratings for Deutsche Wohnen AG to A- and A3
DGAP-News: Deutsche Wohnen AG / Key word(s): Rating
2015-06-18 / 17:45
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Frankfurt/Main and Berlin, 18 June 2015. Standard & Poor's (S&P) and Moody's have upgraded their ratings for Deutsche Wohnen AG from BBB+ to A- and from Baa1 to A3 respectively.
"The rating upgrades confirm our strategy to further optimise our capital structure and underpin the high quality of our business model. The recently successfully completed capital increase is contributing to a further improvement of our credit metrics in the next years and is setting the ground for future growth", explains Andreas Segal, CFO of Deutsche Wohnen AG.
Research updates of Standard & Poor's and Moody's for Deutsche Wohnen can be downloaded on our webpage via the following link: http://ir.deutsche-wohnen.com/websites/deuwo/German/1600/rating.html
Deutsche Wohnen
Deutsche Wohnen is one of the largest publicly listed residential property companies in Germany and Europe with a business focus on managing and developing its portfolio, which focuses on residential properties. As at 31 March 2015 the portfolio comprised a total of 148,935 units, of which 146,850 are residential units and 2,085 commercial properties. Deutsche Wohnen is listed in the Deutsche Börse's MDAX and is also included in the leading indices EPRA/NAREIT and GPR 100.
Contact:
Phone +49 (0)30 897 86-5413
Fax +49 (0)30 897 86-5409
ir@deutsche-wohnen.com
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2015-06-18 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English Company: Deutsche Wohnen AG Pfaffenwiese 300 65929 Frankfurt am Main Germany Phone: +49 (0)30 89786-0 Fax: +49 (0)30 89786-5409 E-mail: ir@deutsche-wohnen.com Internet: http://www.deutsche-wohnen.com ISIN: DE000A0HN5C6 WKN: A0HN5C Indices: MDAX Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart
End of News DGAP News-Service
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DGAP-News: Deutsche Wohnen AG / Key word(s): Rating
2015-06-18 / 17:45
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Frankfurt/Main and Berlin, 18 June 2015. Standard & Poor's (S&P) and Moody's have upgraded their ratings for Deutsche Wohnen AG from BBB+ to A- and from Baa1 to A3 respectively.
"The rating upgrades confirm our strategy to further optimise our capital structure and underpin the high quality of our business model. The recently successfully completed capital increase is contributing to a further improvement of our credit metrics in the next years and is setting the ground for future growth", explains Andreas Segal, CFO of Deutsche Wohnen AG.
Research updates of Standard & Poor's and Moody's for Deutsche Wohnen can be downloaded on our webpage via the following link: http://ir.deutsche-wohnen.com/websites/deuwo/German/1600/rating.html
Deutsche Wohnen
Deutsche Wohnen is one of the largest publicly listed residential property companies in Germany and Europe with a business focus on managing and developing its portfolio, which focuses on residential properties. As at 31 March 2015 the portfolio comprised a total of 148,935 units, of which 146,850 are residential units and 2,085 commercial properties. Deutsche Wohnen is listed in the Deutsche Börse's MDAX and is also included in the leading indices EPRA/NAREIT and GPR 100.
Contact:
Phone +49 (0)30 897 86-5413
Fax +49 (0)30 897 86-5409
ir@deutsche-wohnen.com
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2015-06-18 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English Company: Deutsche Wohnen AG Pfaffenwiese 300 65929 Frankfurt am Main Germany Phone: +49 (0)30 89786-0 Fax: +49 (0)30 89786-5409 E-mail: ir@deutsche-wohnen.com Internet: http://www.deutsche-wohnen.com ISIN: DE000A0HN5C6 WKN: A0HN5C Indices: MDAX Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart
End of News DGAP News-Service
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