Coface SA: A2 rating affirmed by Moody's

Paris, January 5(th), 2015 Coface: A2 rating affirmed by Moody's Moody's published on Wednesday December 24(th) 2014, an update of its credit opinion in which it affirmed Coface's Insurer Financial Strength (IFS) rating at 'A2', Outlook Stable. As pointed out by Moody's, this rating reflects: * The strong position of the Group in the global credit insurance industry * Its good capitalization * The strong risk management and risk monitoring tools which enable...
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Paris, January 5th, 2015

 

 

Coface: A2 rating affirmed by Moody's

 

 

Moody's published on Wednesday December 24th 2014, an update of its credit opinion in which it affirmed Coface's Insurer Financial Strength (IFS) rating at 'A2', Outlook Stable.

 

 

As pointed out by Moody's, this rating reflects:

  • The strong position of the Group in the global credit insurance industry
  • Its good capitalization
  • The strong risk management and risk monitoring tools which enable Coface to actively manage its risk exposure.

 

 

 

CONTACTS

 

MEDIA

 

Maria KRELLENSTEIN

T. +33 (0)1 49 02 16 29
[email protected]


Justine LANSAC

Tel : +33 1 49 02 24 48

[email protected]

ANALYSTS/INVESTORS

 

 

Nicolas ANDRIOPOULOS
Cécile COMBEAU
T. +33 (0)1 49 02 22 94
[email protected]

 

 


FINANCIAL SCHEDULE 2015

17 February 2015: publication of 2014 annual results

 

FINANCIAL INFORMATION

This press release as well as the integral regulatory information of Coface SA are available on the Group's website http://www.coface.com/Investors

 

 

 

About Coface

 

The Coface Group, a worldwide leader in credit insurance, offers companies around the globe solutions to protect them against the risk of financial default of their clients, both on the domestic market and for export. In 2013, the Group, supported by its 4,440 staff, posted a consolidated turnover of EUR1.440 billion. Present directly or indirectly in 98 countries, it secures transactions of over 37,000 companies in more than 200 countries. Each quarter, Coface publishes its assessments of country risk for 160 countries, based on its unique knowledge of companies' payment behaviour and on the expertise of its 350 underwriters located close to clients and their debtors.

In France, Coface manages export public guarantees on behalf of the French State.

Coface SA: A2 rating affirmed by Moody's
www.coface.com

Coface SA. is listed on Euronext Paris - Compartment A

ISIN: FR0010667147 / Ticker: COFA

 

 


Copyright GlobeNewswire

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The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: %s via Globenewswire


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