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Fresenius SE & Co. KGaA Else-Kröner-Straße 1 61352 Bad Homburg, Germany http://www.fresenius.de
Contact Mr Matthias Link +49 6172 6082872
Company logo of Fresenius SE & Co. KGaA
Fresenius SE & Co. KGaA

Fresenius refinances its credit agreement - Standard & Poor's upgrades Fresenius' credit rating to investment grade

(PresseBox) (Bad Homburg, )
Fresenius has launched a refinancing of the revolving facilities and the term loan A tranches (aggregate volume approx. €3 bn) under its 2013 senior credit agreement. The maturity will be extended by 2 years to June 28, 2020. Given the improved credit profile and favorable bank market conditions, Fresenius' proposal also includes reduced credit margins.

S&P has upgraded the corporate credit rating of Fresenius from BB+ to BBB- with a stable outlook. The upgrade reflects Fresenius' enhanced stability - derived from overall critical mass coupled with sound diversification and leading positions in non-cyclical markets - rather than a shift in gww exrrokjjd exonfv.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.