B2 Impact rating upgrade di Moody’s

In late September, Moody’s upgraded the credit rating of B2 Impact, which recently changed its name B2 Holding, from Ba3 to Ba2. The rating of senior unsecured bonds was also raised from B1 to Ba3. The outlook remains stable.

According to Moody’s analysis, this upgrade reflects the company’s more balanced and moderate growth strategy implemented since 2019.

According to the rating agency, this strategy has led to solid and consistent profitability, leverage below the sector’s average, strong equity reserves, and a reduction in liquidity pressures.

B2 Impact’s financial profile has remained stable since 2019, despite the challenges posed by COVID-19. Additionally, B2 Impact’s management has ensured timely refinancing and adequate lines of credit to mitigate refinancing risks during periods when access to financial markets may be limited.

Moody’s also takes into consideration that, given the current low leverage level and margin under financial covenants, B2 Impact is well-positioned to continue its path of moderate yet profitable growth.

Roberto Sergio

Managing Director of Credit Village, Roberto Sergio has more than 20 years of experience in NPL and distressed debt in the Italian and International market. He is the editor of the NPL column in Credit Village Magazine and the director of Credit Village's National NPL Market Observatory.

Credit Village is a leading company in the field of specialized publishing and event organization for the credit management industry and in all issues and aspects related to the NPE market, including ESG , M&A, Real Estate etc. Credit Village has been the first company in Italy to bring the culture of the credit management industry to the press, events and online, creating the largest community in the sector around itself.

FOLLOW US ON