Coface SA : Coface AA- rating affirmed by Fitch
(Thomson Reuters ONE) -
Paris, 15 December 2014
Coface AA- rating affirmed by Fitch
Fitch Ratings issued today, Monday December 15th, a press release in which it
affirmed Coface's Insurer Financial Strength (IFS) rating at 'AA-', Outlook
Stable.
In its press release, Fitch underlines that its positive appreciation continues
to rely on:
* Coface strong market position in credit insurance
* the solid solvency of the Group
* its prudent investment strategy
The rating agency also praises the Group's constant discipline in managing risks
resulting in a strong underwriting performance.
CONTACTS
MEDIA ANALYSTS/INVESTORS
Maria KRELLENSTEIN
T. +33 (0)1 49 02 16 29 Nicolas ANDRIOPOULOS
maria.krellenstein(at)coface.com Cécile COMBEAU
T. +33 (0)1 49 02 22 94
Justine LANSAC investors(at)coface.com
Tel : +33 1 49 02 24 48
justine.lansac(at)coface.com
FINANCIAL SCHEDULE 2015
17 February 2015: publication of 2014 annual results
FINANCIAL INFORMATION
This press release as well as the integral regulatory information of Coface SA
are available on the Group's website http://www.coface.com/Investors
About Coface
The Coface Group, a worldwide leader in credit insurance, offers companies
around the globe solutions to protect them against the risk of financial
default of their clients, both on the domestic market and for export. In
2013, the Group, supported by its 4,440 staff, posted a consolidated turnover
of ?1.440 billion. Present directly or indirectly in 98 countries, it secures
transactions of over 37,000 companies in more than 200 countries. Each
quarter, Coface publishes its assessments of country risk for 160 countries,
based on its unique knowledge of companies' payment behaviour and on the
expertise of its 350 underwriters located close to clients and their debtors.
In France, Coface manages export public guarantees on behalf of the French
State.
www.coface.com
Coface SA. is listed on Euronext Paris - Compartment A
ISIN: FR0010667147 / Ticker: COFA
Coface AA- rating affirmed by Fitch:
http://hugin.info/161449/R/1880372/663133.pdf
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Coface SA via GlobeNewswire
[HUG#1880372]
Unternehmensinformation / Kurzprofil:
Datum: 15.12.2014 - 17:37 Uhr
Sprache: Deutsch
News-ID 359489
Anzahl Zeichen: 3378
contact information:
Town:
Bois-Colombes
Kategorie:
Business News
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