LHI Green Infrastructure Invest II Schuldverschreibungen

LHI Securitization S.A., Compartment 4

Rating History

Rating Watch Outlook Publication
BBB- Outlook STA 17.12.2025
BBB Outlook NEG 18.06.2025
BBB Watch UNW 27.03.2025
BBB Watch NEW 27.11.2024
BBB Watch UNW 15.11.2023
BBB Outlook STA 17.05.2023
BBB Watch UNW 19.12.2022
BBB Outlook STA 06.05.2022
BBB- Outlook POS 07.12.2021
BBB- Outlook STA 01.12.2020
BBB- Outlook STA 13.12.2019
BBB- Outlook STA 21.12.2018

News

  • 17.12.2025
    Further details regarding the regulatory requirements according to ESMA (European Securities and Markets Authority) Guidelines 33-9-320 can be found in the document attached below.
  • 18.06.2025
    Further details regarding the regulatory requirements according to ESMA (European Securities and Markets Authority) Guidelines 33-9-320 can be found in the document attached below.
  • 27.03.2025
    Creditreform Rating has published the new sub-rating methodology, "Sub-Methodology for Renewable Energy Financings and Securitizations". Following the consultation period, this methodology will be implemented. Consequently, all relevant ratings are currently under review as part of ongoing monitoring and have been assigned a "watch" status. The current rating methodologies can be viewed at www.creditreform-rating.de.
  • 27.11.2024
    Further details regarding the regulatory requirements according to ESMA (European Securities and Markets Authority) Guidelines 33-9-320 can be found in the document attached below.
  • 15.11.2023
    Further details regarding the regulatory requirements according to ESMA (European Securities and Markets Authority) Guidelines 33-9-320 can be found in the document attached below.
  • 17.05.2023
    Further details regarding the regulatory requirements according to ESMA (European Securities and Markets Authority) Guidelines 33-9-320 can be found in the document attached below.
  • 19.12.2022
    Further details regarding the regulatory requirements according to ESMA (European Securities and Markets Authority) Guidelines 33-9-320 can be found in the document attached below.
  • 06.05.2022
    Further details regarding the regulatory requirements according to ESMA (European Securities and Markets Authority) Guidelines 33-9-320 can be found in the document attached below.
  • 07.12.2021
    Further details regarding the regulatory requirements according to ESMA (European Securities and Markets Authority) Guidelines 33-9-320 can be found in the document attached below.
  • 01.12.2020
    Further details regarding the regulatory requirements according to ESMA (European Securities and Markets Authority) Guidelines 33-9-320 can be found in the document attached below.
  • 13.12.2019
    Creditreform Rating has confirmed the rating of the bearer bonds with ISIN DE000A194BL6 issued by LHI Securitization S.A., acting on behalf of its Compartment 4 Green Infrastructure Bond II of BBB- / outlook stable. The issue proceeds of this securitization will be invested in an investment vehicle/fund which indirectly participates in operating companies in the renewable energies sector. The investment vehicle pursues a long-term buy-and-hold strategy and invests exclusively in operating or at least ready to operate renewable energy plants, with a particular focus on onshore wind energy and solar power. The management will be undertaken by an experienced, Germany-wide fund manager with sufficient management capabilities. The main reasons for this rating are the results of our simulation of the expected portfolio cash flows taking into account that we have stressed several portfolio parameter and assumptions. The bearer bonds benefit from a gradual build-up of Credit Enhancement over the term of the bonds. According to our calculations based on the average consideration of diverse stressed scenarios, the expected portfolio cash flows are sufficient to fulfill the claims of the bondholders.
  • 21.12.2018
    Creditreform Rating has set the rating of the bearer bonds with ISIN DE000A194BL6 issued by LHI Securitization S.A., acting on behalf of its Compartment 4 Green Infrastructure Bond II at BBB- / outlook stable. The issue proceeds of this securitization will be invested in an investment vehicle/fund which indirectly participates in operating companies in the renewable energies sector. The investment vehicle pursues a long-term buy-and-hold strategy and invests exclusively in operating or at least ready to operate renewable energy plants, with a particular focus on onshore wind energy and solar power. The management will be undertaken by an experienced, Germany-wide fund manager with sufficient management capabilities. The main reasons for this rating are the results of our simulation of the expected portfolio cash flows taking into account that we have stressed several portfolio parameter and assumptions. The bearer bonds benefit from a gradual build-up of Credit Enhancement over the term of the bonds. According to our calculations based on the average consideration of diverse stressed scenarios, the expected portfolio cash flows are sufficient to fulfill the claims of the bondholders.