BME is assigned ‘A-’ rating by S&P
BME has been assigned A- rating, with stable outlook, from credit rating agency S&P Global Ratings.
This rating, which places the company at solid investment grade level, acknowledges BME’s minimal leverage, strong operating efficiency, vertical integration of the entire securities value chain and solid liquidity position.
S&P mentions “its credible growth plans by diversifying into fixed income, foreign currency and commodities trading, its central role in one of the most dynamic economies in the Eurozone and resilient track record during the severe crisis over the past 10 years”.
S&P’s view is that BME will maintain its dominant market position as the leading financial market infrastructure operator in Spain and gradually diversify its revenue sources.