PNE wins 24 MW of onshore wind projects in German auction
Sep 19, 2024 8:35 CESTS&P pulls SIAG's ratings
Oct 10, 2011 - S&P today discontinued its preliminary B- corporate credit rating on German wind turbine parts maker SIAG Schaaf Industrie AG.
The service also removed the provisional CCC+ issue rating and 5 recovery rating on SIAG's previously proposed EUR 50 million (USD 68m) senior unsecured notes.
The company has not issued the EUR 50 million debt and is now looking to new funding options.
The rating termination has been requested by SIAG.
Rating agency website: www.standardandpoors.com
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