DGAP-Adhoc: Enterprise Holdings Limited: Creditreform Rating changes rating of Enterprise Holdings bonds


Enterprise Holdings Limited  / Key word(s): Bond/Rating

27.09.2016 16:58

Disclosure of an inside information according to Article 17 MAR,
transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Creditreform Rating changes rating of Enterprise Holdings bonds

Creditreform Rating has informed the Administrators of Enterprise Holdings
Limited that it will change the ratings of the bond 2012/17 (ISIN:
DE000A1ZWPT5) and the bond 2015/20 (ISIN: DE000A1ZWPT5) issued by
Enterprise Holdings Limited from not rated (n.r.) to D. This decission is
based on the adhoc press release issued 26 September 2016, which announces
the temporary suspension of the performance of any creditor claims.

End of adhoc release

Enterprise Holdings Ltd. Group - an owner-lead insurance firm
Lead by its founder the company holds several other subsidiaries together
with affiliated service companies. The Group offers independent white label
general insurance solutions, apart from life insurance products. The
affiliated companies deliver insurance specific auditing services as well
as administrative and marketing services. The Group focuses its activities
on high-yield niches within the European general insurance market. The main
category of the offered insurances is in the field of automobile damage and
third party insurance, legal costs insurance, household contents insurance
and guarantees. Main markets are currently the United Kingdom, France,
Greece and Italy.

Bond issue 2015/20
Since 30 March 2015 the Enterprise Holdings' corporate bond 2015/20 is
listed in the Entry Standard segment at Boerse Frankfurt (International
Security Identification Number (ISIN): DE000A1ZWPT5).

Bond issue 2012/17
Enterprise Holdings' corporate bond 2012/17 is listed in the Entry Standard
segment at Boerse Frankfurt (International Security Identification Number
(ISIN): DE000A1G9AQ4) since 26 September 2012.

For more information about the bonds please visit our website, especially
the sections "Bond 2015/20" and "Bond 2012/17" at
www.enterprise-holdings.de

Bond Investor Relations / Press
Please direct all your requests to:
max. Equity Marketing GmbH, Maximilian Fischer, Marienplatz 2, 80331
Munich, Germany
Tel: +49 89 139 28890   E-Mail: ir@enterprise-holdings.de
or email in English language directly to the Administrators:
ehlbondholders@cg-recovery.com

Disclosing person according Durchführungsverordnung (EU) 2016/1055 u.a.: 
Stephen Leanoard Conn and Jonathan Avery-Gee Administrators of Enterprise
Holdings Limited - In Administration

Please note that the Administrators act as agents of the Company without
any personal liability whatsoever.


27.09.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de

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Language:     English
Company:      Enterprise Holdings Limited
              47 Esplanade
              JE1 0BD St. Helier
              Jersey
Phone:        +49 89 -1392889-0
Fax:          
E-mail:       ir@enterprise-holdings.de
Internet:     www.enterprise-holdings.de
ISIN:         DE000A1G9AQ4, DE000A1ZWPT5
WKN:          A1G9AQ, A1ZWPT
Listed:       Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg,
              Hanover, Munich, Stuttgart, Tradegate Exchange; Open Market
              in Frankfurt (Entry Standard)
 
End of Announcement                             DGAP News-Service
 
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