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SIX Receives An A+ Credit Rating From Standard & Poor's

Date 14/11/2018

The rating agency Standard & Poor's (S&P) has assessed the current credit rating of SIX Group Ltd and two of its subsidiaries, SIX SIS Ltd and SIX x-clear Ltd, as an A+. S&P acknowledges the exceptionally strong liquidity profile of SIX. The outlook for SIX and its business units is stable. Growth is expected to be predominantly organic and it recognises the long-term potential with the SIX Digital Exchange.

Since 2010, SIX, the internationally active financial centre infrastructure service provider, has commissioned the renowned rating agency Standard & Poor's (S&P) with a rating of the entire company and the rating of individual companies under the umbrella of SIX.

S&P reviewed the ratings for SIX and its subsidiaries in context of other Financial Market Infrastructure (FMI) providers. S&P continues to see SIX as a financially solid leading European FMI player. S&P is of the view that SIX’ main growth potential is within Financial Information and further recognizes that SIX is "potentially well positioned" for the long-term with the SIX Digital Exchange. However, SIX Group Ltd has been re-rated from an AA- to an A+ credit rating. The rating of SIX SIS AG and SIX x-clear AG, two companies active in the securities services business, were also lowered from AA- to A+.

Daniel Schmucki, CFO SIX: "SIX is well positioned, both in the short and long term. This is reflected in the still strong A+ rating. In line with the new strategy, SIX is even more focused as a provider of core infrastructure services for banks and financial institutions and ultimately for the entire Swiss financial center, with the clear goal of further strengthening the competitiveness of the Swiss financial center. The mandate and strategic direction of SIX was not questioned by S&P.”