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S&P Improves the Rating of Neinor Homes

The ratings agency has granted the property developer a rating of B+ with a stable outlook.

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The market likes Neinor Homes. The ratings agency S&P has given the Basque property developer a rating of B+, with a stable outlook.

In addition, the ratings agency assigned its last bond issue, which amounted to 300 million euros, to repay Quabit’s debt, a B+ rating. It believes that, in the short term, the firm’s debt will increase, but that it will decrease again next year.

Read the full article in Spanish.

B-Exclusivas

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