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

Date 23/12/2013

The rating agency Standard & Poor's has affirmed SIX's AA- credit rating, 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 fourth time since 2010, SIX, the internationally active provider of financial market infrastructure and services, has commissioned well-known rating agency, Standard & Poor’s (S&P), to rate the entire company as well as evaluate SIX's individual subsidiary companies.

Once again, S&P awarded its AA- credit rating to SIX. SIX SIS Ltd and SIX x-clear Ltd, which provide securities services, were each reassigned an AA rating.

In its rationale, S&P highlighted SIX's pivotal role 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 proud that S&P has awarded us with the high AA- credit rating for the fourth time in a row. The rating is proof of SIX's financial strength as well as the coherent strategy provided by the solid, extremely reliable and efficient financial market infrastructure operator, which makes a significant contribution towards enhancing the appeal of the Swiss financial center.»