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SIX Receives AA- Credit Rating From Standard & Poor's For The Fifth Time In A Row

Date 17/12/2014

The rating agency Standard & Poor's has once again affirmed an AA- credit rating for SIX Group Ltd, thereby reflecting its broad diversification and risk management. The two securities services providers SIX SIS Ltd and SIX x-clear Ltd each received an AA rating.

For the fifth time since 2010, SIX, the internationally active provider of financial market infrastructure and services, commissioned well-known rating agency Standard & Poor’s (S&P) to rate the entire company and to evaluate individual subsidiary companies under the SIX umbrella.

Once again, S&P awarded its AA- credit rating to SIX Group Ltd. The securities services providers SIX SIS Ltd and SIX x-clear Ltd again received an AA rating.

In its rationale, S&P highlighted the pivotal role SIX fulfills as Switzerland’s financial market infrastructure operator, its solid balance sheet structure and strong capital base, its high liquidity, sound risk management and high level of diversification, which reduces the company’s reliance on the capital market.

Stefan Mäder, CFO SIX, had the following to say on S&P's ratings: "We are very proud that S&P has awarded us the high AA- credit rating for the fifth time in a row. The financial strength and compelling strategy of SIX – which in its role as operator of financial market infrastructure plays a significant part in ensuring an attractive Swiss financial center – were essential factors in this very good rating. That is important not just for us but also for the other participants in the Swiss financial sector."