Credit Rating Report

Grupo Avintia: Rating Report

Industrials

Summary

DBRS Ratings GmbH (DBRS Morningstar) confirmed the Issuer Rating of Grupo Avintia, S.L. (Grupo Avintia or the Group) at B (high). Concurrently, DBRS Morningstar also confirmed the rating of the outstanding EUR 50 million 4.0% Senior Secured Notes now due on 1 March 2021 (the Notes) issued by Avintia PyC (the Company) at BB (low). All trends remain Stable.

Ratings

Avintia PyC
  • Date Issued:Jul 7, 2020
  • Rating Action:Confirmed
  • Ratings:BB (low)
  • Trend:Stb
  • Rating Recovery:RR3
  • Issued:EUU
Grupo Avintia
  • Date Issued:Jul 7, 2020
  • Rating Action:Confirmed
  • Ratings:B (high)
  • Trend:Stb
  • Rating Recovery:
  • Issued:EUU
  • US = Lead Analyst based in USA
  • CA = Lead Analyst based in Canada
  • EU = Lead Analyst based in EU
  • UK = Lead Analyst based in UK
  • E = EU endorsed
  • U = UK endorsed
  • Unsolicited Participating With Access
  • Unsolicited Participating Without Access
  • Unsolicited Non-participating

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