Historical Database of External Ratings.

FMS Wertmanagement was founded in 2010 as the Federal government's winding-up institution with the aim of taking over risk positions and non-strategic operations from the HRE Group and unwinding them. Effective 1 October 2010, FMS Wertmanagement took over from both the HRE Group risk positions and non-strategic operations. FMS Wertmanagement Service GmbH, a wholly-owned subsidiary of FMS-WM, operates as a service provider for FMS-WM for its portfolio and the associated refinancing resources. The services provided for FMS-WM comprise credit analysis and review, asset restructuring, workout management, detailed portfolio reporting, payment collection and arrears monitoring. FMS-SG assumed management of the portfolio of FMS-WM since 1.10.2013.The present invitation to tender is organized by FMS-WM on behalf of FMS-SG.