With ratings in the A and A2 category respectively, bg电子娱乐场 has investment grade credit ratings. bg电子娱乐场 is rated as follows:
Credit Ratings
Rating Standard & Poor鈥檚 | Rating Moody鈥檚 | Rating Scope Ratings | |
|---|---|---|---|
Long Term Financial Liabilities | A | A2 | A |
Outlook | stable | stable | stable |
Commercial Paper | A-1 | P-1 | S-1 |
Other Short Term Financial Liabilities | A-1 | P-1 | S-1 |
As a result of continued solid business performance and an improved financial position, bg电子娱乐场 has been awarded its target rating A flat/A2 by Standard & Poor's and Moody's since 2011. The outlook is stable. bg电子娱乐场 was awarded an A rating from Scope Ratings in 2022.
bg电子娱乐场 Credit Default Swap
A Credit Default Swap (CDS) is a financial instrument for hedging credit risk. By buying a CDS, a market participant hedges certain risks arising from credit relationships in exchange for a premium, which is referred to as a CDS Level. The higher the level, the higher the default risk estimated by the market for the issuer.
The following graph shows the development of bg电子娱乐场鈥檚 five-year CDS compared to the CDS index iTraxx Europe with the same maturity. This index encompasses 125 major European companies. bg电子娱乐场鈥檚 default risk is estimated constantly lower than the average risk of these companies.
A financial contract in which the issuer of a bond insures the buyer鈥檚 potential losses in the event of the issuer defaulting. Instrument used by bg电子娱乐场 to evaluate the credit risks of banks.
Financial Glossary 厂肠丑濒颈别脽别苍
