Following the acquisition in February 2022 of the Spanish rating agency Axesor, EthiFinance operated under two rating licences: EthiFinance Ratings and Qivalio. In line with the rationalisation of its brands and for greater transparency and clarity, EthiFinance therefore applied to ESMA to withdraw its Qivalio licence on 29 November 2022.All [...]
Monitoring controversies is key in the analysis of ESG company performance. Information on social climate, company reputation, incidents, and accidents is now crucial to enable banks, financial institutions, and insurers primarily to monitor the risk in their client companies’ portfolios (credit risk, claims risk, reputation risk, etc.). Since the official [...]
Rating rationale EthiFinance Ratings reaffirms BBB+ its long-term corporate rating and instrument rating at BBB+ for Bellon S.A. and the company’s €200m NEU MTN instrument. EthiFinance Ratings also reaffirms its SR1 short-term rating on the €500m NEU CP instrument of Bellon S.A. Credit profile On the one hand, our rating [...]
Rating rationale EthiFinance Ratings has analysed the credit profile of ITM Entreprises in order to assign its short-term rating. The outcome is an SR2 short-term rating. Credit profile Les Mousquetaires is the third-largest food retail group in France. It operates a franchisee business model, with the group in charge of [...]
Lyon, June 28, 2022 – Credit rating agency EthiFinance Ratings (formerly Qivalio) has reaffirmed its long-term corporate rating for Sofiproteol SA and its NEU MTN program for up to €75m, at A-. Meanwhile, EthiFinance Ratings has also reaffirmed its SR1 short-term rating on the €300m NEU CP program of the [...]
