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Ratings & Securities

Ratings

Rating published

It is important for Haniel to be well regarded by its financial partners and to have a good credit rating at all times. After all, the Group intends to continue using all the available financing options on the most favourable terms. Against this background and with a view to securing a stable investment grade rating, Haniel submits to external rating processes.

Haniel issuer ratings
Rating agency Rating type Rating Outlook Last change
Moody's Investor Service long-term Baa3 stable outlook 25.04.2018
Scope Ratings long-term BBB- stable outlook 23.02.2016

The rating by the rating agencies is primarily attributable to the value of Haniel’s investment portfolio and the cash flow within the Holding Company.

CP programme

The CP programme allows Haniel to issue commercial paper simply and efficiently through standardised documentation.

  Commercial Paper Programme
Issuers Franz Haniel & Cie. GmbH
Haniel Finance B.V.
Guarantor Franz Haniel & Cie. GmbH
Volume of the programme EUR 500,000,000
Arrangers Deutsche Bank AG, Goldman Sachs International
Listing -

Notes