HLD rated "Investment Grade BBB+ (stable) long-term credit" by S&P Global Ratings

The ‘BBB+, stable outlook’ Long-Term Investment Grade rating assigned to HLD Europe from S&P reflects:

• The performance of our long-term investment strategy in high-growth potential companies,

• The expertise of the Group in providing operational support for its portfolio companies,

• The quality of our diversified portfolio of assets,

• The conservative financial leverage policy,

• The strength of our unique funding profile, with ‘permanent capital’.

As Pauline de Williencourt, Head of Financing at HLD Europe, points out, S&P's BBB+ (stable) rating reflects the strength of our financial structure and the performance of our investment strategy. It ranks HLD among the best-rated of its peers.