Standard & Poor's acknowledged today the successful completion of the takeover of Nationale Suisse. The finalisation of the takeover financing has led to the removal of the «Credit Watch with negative implications» while the «stable Outlook» is to a large extent based on Standard & Poor's expectation that in the longer term the acquisition is supportive to Helvetia's business profile.
Standard & Poor's has resolved the «Credit Watch» status within a relative short timeframe. This is, in Helvetia's view, a confirmation on both the strategic path Helvetia has taken as well as the securing of the takeover by efficient long-term financing instruments.
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