PRESS RELEASE
from Physible GmbH (isin : DE000A2LQST9)
EQS-Adhoc: physible GmbH: Follow-Up Rating 2023
EQS-Ad-hoc: physible GmbH / Key word(s): Rating
physible GmbH: Follow-Up Rating 2023
20-March-2023 / 07:44 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
In connection with the bond physible Enterprise I 18/23 (ISIN / WKN: DE000A2LQST9 / A2LQST), the rating agency Scope Hamburg GmbH has issued ratings for physible GmbH and KGAL GmbH & Co. KG (guarantor of the bond) last issued in 2022 (issue and issuer rating).
Scope Hamburg GmbH had announced on its website in February 2023 that it had formally notified the European Securities and Markets Authority (ESMA) to expressly renounce its registration as Credit Rating Agency. Following the upcoming announcement of ESMA’s decision of the renouncement of Scope Hamburg’s registration as a Credit Rating Agency, Scope Hamburg will share the effective date on its website once ESMA has announced its decision.
The ratings issued by Scope Hamburg GmbH in 2022 for physible GmbH and KGAL GmbH & Co. KG will cease to be valid at the latest 3 months after the announcement of the effective date of the decision by ESMA. Until this date, the ratings will be made available via the website of physible GmbH.
Due to the final maturity and redemption of the bond on 15.10.2023, the management of physible GmbH and KGAL GmbH & Co. KG have now decided that no more follow-up ratings will be commissioned for 2023, as their regular preparation and publication would only take place a few days before the redemption date.
The publication of the individual and consolidated financial statements of the aforementioned companies in the companies register is scheduled for 28 April 2023.
Contact:
Axel Kriebitz
Compliance Department
KGAL GmbH & Co. KG
T +49 89 64143-429
M +49 172-6265347
Scope Hamburg GmbH had announced on its website in February 2023 that it had formally notified the European Securities and Markets Authority (ESMA) to expressly renounce its registration as Credit Rating Agency. Following the upcoming announcement of ESMA’s decision of the renouncement of Scope Hamburg’s registration as a Credit Rating Agency, Scope Hamburg will share the effective date on its website once ESMA has announced its decision.
The ratings issued by Scope Hamburg GmbH in 2022 for physible GmbH and KGAL GmbH & Co. KG will cease to be valid at the latest 3 months after the announcement of the effective date of the decision by ESMA. Until this date, the ratings will be made available via the website of physible GmbH.
Due to the final maturity and redemption of the bond on 15.10.2023, the management of physible GmbH and KGAL GmbH & Co. KG have now decided that no more follow-up ratings will be commissioned for 2023, as their regular preparation and publication would only take place a few days before the redemption date.
The publication of the individual and consolidated financial statements of the aforementioned companies in the companies register is scheduled for 28 April 2023.
Contact:
Axel Kriebitz
Compliance Department
KGAL GmbH & Co. KG
T +49 89 64143-429
M +49 172-6265347
20-March-2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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1586089 20-March-2023 CET/CEST