3U HOLDING AG (ISIN DE0005167902) has been classified as "eligible" by the Deutsche Bundesbank for the first time. Companies classified as eligible by the Bundesbank's credit analysis may be treated by the Bundesbank and by other central banks of the Eurosystem for monetary policy purposes in the same way as companies that have been rated investment grade by one of the rating agencies recognised by the Eurosystem for monetary policy purposes. Credit claims against such entities are eligible as collateral for monetary policy operations of the Bundesbank and other Eurosystem central banks. The rating is based on an analysis of the annual and consolidated financial statements of 3U HOLDING AG as at 31 December 2021.
"We are pleased about the new rating - even if it has no direct influence on our financing conditions," emphasises Christoph Hellrung, CFO of 3U HOLDING AG. "It underlines the stable course of our company. Since 2016, we have successfully focused on increasing value and on growth with our three Group segments in megatrends. In addition, we have understood how to continuously improve our key figures, also through solid financing and balance sheet policies. Also by this improved credit rating, we feel encouraged to consistently pursue our strategy, to strengthen the planned organic growth through targeted investments and to realise value increases in due course - in the interest and for the benefit of our stakeholders."
"We are pleased about the new rating - even if it has no direct influence on our financing conditions," emphasises Christoph Hellrung, CFO of 3U HOLDING AG. "It underlines the stable course of our company. Since 2016, we have successfully focused on increasing value and on growth with our three Group segments in megatrends. In addition, we have understood how to continuously improve our key figures, also through solid financing and balance sheet policies. Also by this improved credit rating, we feel encouraged to consistently pursue our strategy, to strengthen the planned organic growth through targeted investments and to realise value increases in due course - in the interest and for the benefit of our stakeholders."
