Euler Hermes Rating bewertet KGAL Gruppe mit BBB- - Seite 2
Methodik
Dieses Rating wurde auf Basis der aktuellen Methode
Emittentenrating der Euler Hermes Rating GmbH erstellt, die unter
eulerhermes-rating.com veröffentlicht ist.
© 2018 Euler Hermes Rating GmbH ("EHRG") and/or its licensors and
affiliates. All rights reserved. CREDIT RATINGS ISSUED BY EHRG ARE
EHRG'S CURRENT OPINIONS OF THE RELATIVE FUTURE CREDIT RISK OF
ENTITIES, CREDIT COMMITMENTS, OR DEBT OR DEBT-LIKE SECURITIES, AND
EHRG'S PUBLICATIONS MAY INCLUDE EHRG'S CURRENT OPINIONS OF THE
RELATIVE FUTURE CREDIT RISK OF ENTITIES, CREDIT COMMITMENTS, OR DEBT
OR DEBTLIKE SECURITIES. EHRG DEFINES CREDIT RISK AS THE RISK THAT AN
ENTITY MAY NOT MEET ITS CONTRACTUAL, FINANCIAL OBLIGATIONS AS THEY
COME DUE AND, IN THE CASE OF ISSUANCE-LEVEL CREDIT RATINGS, ANY
ESTIMATED FINANCIAL LOSS IN THE EVENT OF DEFAULT. CREDIT RATINGS DO
NOT ADDRESS ANY OTHER RISK, INCLUDING BUT NOT LIMITED TO: LIQUIDITY
RISK, MARKET VALUE RISK, OR PRICE VOLATILITY. CREDIT RATINGS AND
EHRG'S OPINIONS INCLUDED IN EHRG'S PUBLICATIONS ARE NOT STATEMENTS OF
CUR-RENT OR HISTORICAL FACT. CREDIT RATINGS AND EHRG'S PUBLICATIONS
ARE NEITHER A PROSPECTUS NOR A SUBSTITUTE FOR INFORMATION ASSEMBLED
AND PRESENTED BY COMPANIES OR ISSU-ERS FOR INVESTORS REGARDING THE
PURCHASE OF A SECURITY OR FOR ASSESSING THE CREDITWORTHINESS OF A
RATED ENTITY. CREDIT RATINGS AND EHRG'S PUBLICATIONS DO NOT
CONSTITUTE OR PROVIDE INVESTMENT OR FINANCIAL ADVICE, AND DO NOT
PROVIDE RECOMMENDATIONS TO PURCHASE, SELL, OR HOLD PARTICULAR
SECURITIES. NEITHER CREDIT RATINGS NOR EHRG'S PUBLICATIONS COMMENT ON
THE SUITABILITY OF AN INVESTMENT FOR ANY PARTICULAR INVESTOR. EHRG
ISSUES ITS CREDIT RATINGS AND PUBLISHES ITS PUBLICATIONS WITH THE
EXPECTATION AND UNDERSTANDING THAT EACH INVESTOR WILL, WITH DUE CARE,
CONDUCT ITS OWN INDEPENDENT ANALYSES, CREDIT ASSESSMENTS AND OTHER
VERIFICATIONS AND EVALUATIONS OF EACH SECURITY THAT IS UNDER
CONSIDERATION FOR PURCHASE, HOLDING, OR SALE. EHRG'S CREDIT RATINGS
AND EHRG'S PUBLICATIONS ARE NOT INTENDED FOR USE BY RETAIL INVESTORS
AND IT WOULD BE RECKLESS AND INAPPROPRIATE FOR RETAIL INVESTORS TO
USE EHRG'S CREDIT RATINGS OR EHRG'S PUBLICATIONS WHEN MAKING AN
INVESTMENT DECISION. IF IN DOUBT YOU SHOULD CONTACT YOUR FINANCIAL OR
OTHER PROFESSIONAL ADVISER. ALL INFORMATION CONTAINED HEREIN IS
PROTECTED BY LAW, INCLUDING BUT NOT LIMITED TO, COPYRIGHT LAW, AND
NONE OF SUCH INFORMATION MAY BE COPIED OR OTHERWISE REPRODUCED,
RE-PACKAGED, FURTHER TRANSMITTED, TRANSFERRED, DISSEMINATED,
REDISTRIBUTED OR RESOLD, OR STORED FOR SUBSEQUENT USE FOR ANY SUCH
affiliates. All rights reserved. CREDIT RATINGS ISSUED BY EHRG ARE
EHRG'S CURRENT OPINIONS OF THE RELATIVE FUTURE CREDIT RISK OF
ENTITIES, CREDIT COMMITMENTS, OR DEBT OR DEBT-LIKE SECURITIES, AND
EHRG'S PUBLICATIONS MAY INCLUDE EHRG'S CURRENT OPINIONS OF THE
RELATIVE FUTURE CREDIT RISK OF ENTITIES, CREDIT COMMITMENTS, OR DEBT
OR DEBTLIKE SECURITIES. EHRG DEFINES CREDIT RISK AS THE RISK THAT AN
ENTITY MAY NOT MEET ITS CONTRACTUAL, FINANCIAL OBLIGATIONS AS THEY
COME DUE AND, IN THE CASE OF ISSUANCE-LEVEL CREDIT RATINGS, ANY
ESTIMATED FINANCIAL LOSS IN THE EVENT OF DEFAULT. CREDIT RATINGS DO
NOT ADDRESS ANY OTHER RISK, INCLUDING BUT NOT LIMITED TO: LIQUIDITY
RISK, MARKET VALUE RISK, OR PRICE VOLATILITY. CREDIT RATINGS AND
EHRG'S OPINIONS INCLUDED IN EHRG'S PUBLICATIONS ARE NOT STATEMENTS OF
CUR-RENT OR HISTORICAL FACT. CREDIT RATINGS AND EHRG'S PUBLICATIONS
ARE NEITHER A PROSPECTUS NOR A SUBSTITUTE FOR INFORMATION ASSEMBLED
AND PRESENTED BY COMPANIES OR ISSU-ERS FOR INVESTORS REGARDING THE
PURCHASE OF A SECURITY OR FOR ASSESSING THE CREDITWORTHINESS OF A
RATED ENTITY. CREDIT RATINGS AND EHRG'S PUBLICATIONS DO NOT
CONSTITUTE OR PROVIDE INVESTMENT OR FINANCIAL ADVICE, AND DO NOT
PROVIDE RECOMMENDATIONS TO PURCHASE, SELL, OR HOLD PARTICULAR
SECURITIES. NEITHER CREDIT RATINGS NOR EHRG'S PUBLICATIONS COMMENT ON
THE SUITABILITY OF AN INVESTMENT FOR ANY PARTICULAR INVESTOR. EHRG
ISSUES ITS CREDIT RATINGS AND PUBLISHES ITS PUBLICATIONS WITH THE
EXPECTATION AND UNDERSTANDING THAT EACH INVESTOR WILL, WITH DUE CARE,
CONDUCT ITS OWN INDEPENDENT ANALYSES, CREDIT ASSESSMENTS AND OTHER
VERIFICATIONS AND EVALUATIONS OF EACH SECURITY THAT IS UNDER
CONSIDERATION FOR PURCHASE, HOLDING, OR SALE. EHRG'S CREDIT RATINGS
AND EHRG'S PUBLICATIONS ARE NOT INTENDED FOR USE BY RETAIL INVESTORS
AND IT WOULD BE RECKLESS AND INAPPROPRIATE FOR RETAIL INVESTORS TO
USE EHRG'S CREDIT RATINGS OR EHRG'S PUBLICATIONS WHEN MAKING AN
INVESTMENT DECISION. IF IN DOUBT YOU SHOULD CONTACT YOUR FINANCIAL OR
OTHER PROFESSIONAL ADVISER. ALL INFORMATION CONTAINED HEREIN IS
PROTECTED BY LAW, INCLUDING BUT NOT LIMITED TO, COPYRIGHT LAW, AND
NONE OF SUCH INFORMATION MAY BE COPIED OR OTHERWISE REPRODUCED,
RE-PACKAGED, FURTHER TRANSMITTED, TRANSFERRED, DISSEMINATED,
REDISTRIBUTED OR RESOLD, OR STORED FOR SUBSEQUENT USE FOR ANY SUCH