Rating
The company and the corporate bond are rated by the rating agencies Moody's and Standard & Poor's.
The external ratings have remained unchanged over the course of the year. At the end of the third quarter the company rating by Moody's was therefore "B2". Standard & Poor’s maintained the Logwin Group's rating at "B". Both rating agencies continued to rate the outlook as "stable".
As a result of an adjustment to its rating methodology, Standard & Poor’s increased its rating for the corporate bond from "CCC+" to "B-" which is just one rating level lower than the group rating. Moody's rating for the corporate bond is still two notches lower than for the group.
| Logwin Group | Corporate Bond | Outlook | Date | |
|---|---|---|---|---|
| Moody's | B2 | Caa1 | Stable | April 2008 |
| Standard & Poor's | B | B- | Stable | November 2008 |