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European rating agency. Objective, transparent, independent.

Holcim Finance (Luxembourg) S.A.

Rating History

Rating Watch Outlook Decision Date Action Validity Date Maximum Validity
A- Outlook STA 05.05.2023 10.05.2023
BBB+ Outlook POS 01.12.2022 06.12.2022
BBB+ Outlook STA 05.11.2021 11.11.2021
BBB+ Outlook STA 14.12.2020 17.12.2020
BBB+ Outlook STA 08.05.2019 20.05.2019

News

  • 10.05.2023
    Creditreform Rating has upgraded the unsolicited corporate issuer rating of Holcim Ltd as well as the unsolicited corporate issuer rating of Holcim Finance (Luxembourg) S.A. from BBB+ to A-. Creditreform Rating has also upgraded the unsolicited corporate issue rating of the long-term local currency senior unsecured notes issued by Holcim Finance (Luxembourg) S.A. from BBB+ to A-. These issues are included in the list of ECB-eligible marketable assets, which can be found on the ECB's website. The outlook for the ratings has changed from positive to stable. For more details regarding the ratings, please refer to our rating update report below.
  • 06.12.2022
    Creditreform Rating has affirmed the unsolicited corporate issuer rating of Holcim Ltd as well as the unsolicited corporate issuer rating of Holcim Finance (Luxembourg) S.A. at BBB+. Creditreform Rating has also affirmed the unsolicited corporate issue rating of the long-term local currency senior unsecured notes issued by Holcim Finance (Luxembourg) S.A. at BBB+. These issues are included in the list of ECB-eligible marketable assets, which can be found on the ECB's website. The outlook for the ratings changed to positive from stable. For more details regarding the ratings, please refer to our rating report below.
  • 11.11.2021
    Creditreform Rating has confirmed the unsolicited corporate issuer rating of Holcim Finance (Luxembourg) S.A. with BBB+. The outlook remains stable. Due to the close relationship between Holcim Ltd. and Holcim Finance (Luxembourg) S.A., we derive the unsolicited corporate issuer rating of Holcim Finance (Luxembourg) S.A. from the unsolicited corporate issuer rating of Holcim Ltd. and set it equal to it (BBB+ / stable).
  • 17.12.2020
    Creditreform Rating has confirmed the unsolicited corporate issuer rating of Holcim Finance (Luxembourg) S.A. with BBB+. The outlook remains stable. Due to the close relationship between LafargeHolcim Ltd. and Holcim Finance (Luxembourg) S.A., we derive the unsolicited corporate issuer rating of Holcim Finance (Luxembourg) S.A. from the unsolicited corporate issuer rating of LafargeHolcim Ltd. and set it equal to it (BBB+ / stable).
  • 20.05.2019
    Creditreform Rating has carried out an unsolicited rating of Holcim Finance (Luxembourg) S.A. The rating has been set to BBB+ with stable outlook.