Financing

According to publications dated May 7, 2018, and August 2, 2018 (which already include the acquisitions of BUWOG and Victoria Park), Vonovia’s credit as awarded by the agency Standard & Poor’s is unchanged at ‘BBB+’ with a stable outlook for the long-term corporate credit rating and ‘A-2’ for the short-term corporate credit rating. At the same time, the credit rating for the issued and unsecured bonds is ‘BBB+’.

The debt maturity profile of Vonovia’s financing was as follows as of September 30, 2018:

Maturity Profile

Maturity Profile (Bar chart)
Rating
Classification of debtors or securities with regard to their creditworthiness or credit quality according to credit ratings. The classification is generally performed by rating agencies.