Euler Hermes Rating GmbH » Terms of Use

Terms of Use

Terms and conditions of use of Euler Hermes Rating GmbH’s website

The user of the website accepts the following terms and conditions of use.

The information provided on this website is the property of Euler Hermes Rating GmbH and, as such, its content and design are copyright. It may only be distributed or reproduced in any other form provided that clear reference is made to Euler Hermes Rating GmbH. Under no circumstances may this information be used for commercial purposes, e.g. for sale or for storage with the intention of a subsequent sale. This also applies to individual parts of the information of any kind.

The brands and logos used on the Euler Hermes Rating GmbH website are copyright. They may not be used except with Euler Hermes Rating GmbH’s prior written approval.

All information published on this website is based on data and information which may or may not be available publicly but which has been disclosed directly by the entities rated or their authorised representatives. Moreover, this website may include information from other sources which Euler Hermes Rating GmbH believes to be reliable. Despite careful research and examination, Euler Hermes Rating GmbH may not be held liable for any errors, omissions or obsolescence in the data disclosed on this website.

Euler Hermes Rating GmbH does not assume any liability or responsibility towards private individuals, companies, institutions, issuers or other third parties for loss or damage caused either partially or in full by errors, coincidences or other circumstances within or beyond the control of Euler Hermes Rating GmbH and its employees resulting from the acceptance of orders or the collection, analysis, interpretation, processing, transmission, dispatch, communication, publication or service of information. This also applies to direct, indirect or any other type of loss or damage of any kind.

Each user of this website recognises and acknowledges that the information provided here merely reflects Euler Hermes Rating GmbH’s opinion concerning the creditworthiness of a company or security and does not constitute individual recommendations targeted at investors or other third parties to buy, sell or hold a security. The rating does not apply to risks other than the credit risk unless express and explicit reference is made to such other risks. Euler Hermes Rating GmbH does not engage in buying or selling securities. The published rating report is not a selling prospectus or a substitute for information furnished by companies or issuers for investors intending to buy securities. Euler Hermes Rating GmbH does not issue any investment advice. The ratings are not recommendations to buy, sell or hold securities of any kind. Ratings do not provide any indication of the appropriateness of market prices, the suitability of securities for a certain investor or the tax exemption or liability of payments arising any securities.

Euler Hermes Rating GmbH reserves the right to alter, suspend or cancel ratings at any time at its sole discretion.

In consideration of its rating services, Euler Hermes Rating GmbH receives a fee which is normally paid by the rated entity or issuer or by the insurer or guarantor. The amount of the fee is based on the complexity of the rating process. Further details concerning fees can be found in the document entitled “Fee structures at Euler Hermes Rating GmbH”.

These terms and conditions are subject to German law. Any disputes shall be referred to the competent courts of the city of Hamburg.

Users of Euler Hermes Rating GmbH’s website may be able to reach third-party websites via links; conversely, they may reach the company’s website via links on third-party websites. Under no circumstances can Euler Hermes Rating be held liable for the content of third-party websites and their operators. Third-party websites may only include links to this website with Euler Hermes Rating GmbH’s prior written approval.

Euler Hermes Rating GmbH
Stadthausbrücke 5
20355 Hamburg

Telefon: 040 / 60 77 812 00
Telefax: 040 / 60 77 812 49


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