Auberge

Auberge S.A.

<imgur w="250">TfqvmqR.png</imgur>
Type	Société anonyme
Traded as	AUB (HE)
Industry	Financial services, Publishing
Founded	17 September 1907
Headquarters	Huimont , Ainin
Area served	Worldwide
Key people	Hans Danhuber (CEO) François Dumoiton (chairman)
Services	Bond and stock analysis, financial research
Revenue	$3.1 billion
Number of employees	7,000

Auberge S.A. (HE: AUB), doing business as Auberge Financial Services, is an Aininian company that provides financial research, including bond and stock analysis, to corporations and governments. Its portfolio is varied and the company offers analysis for corporations, non-profit organisations and several stages of government. The company was founded in 1907 by banker Charles Auberge in order to give clients some certainty in a time where there was widespread speculation in the financial markets, and has since expanded on a global scale.

Auberge is best known for its role as a credit rating agency for sovereign states in Esquarium, with its ratings being very influential on financial markets and governments alike.

Credit ratings

Auberge assigns a credit rating to all governments in Esquarium that issue bonds, evaluating their capability to pay back debts and their financial outlook.

Long-term credit ratings

Upper investment grade

• AAA: Very safe investment, extremely strong capacity to meet obligations
• AA: Very safe investment, very strong capacity to meet obligations
• A: Safe investment, strong capacity to meet obligations

Lower investment grade

• BBB: Safe investment, strong capacity to meet obligations failing any major macroeconomic instability
• BB: Moderately safe investment, capacity to meet obligations failing any major macroeconomic instability

Speculative grade

• B: Average investment, long-term capacity to meet obligations may be reduced by macroeconomic instability
• CCC: Average investment, long-term capacity to meet obligations is uncertain

Non-investment (junk) grade

• CC: Bad investment, capacity to meet obligations is volatile
• C: Bad investment, capacity to meet obligations has not been demonstrated
• D: Country has entirely defaulted and is financially insolvent

Other

• N: Country is not listed due to failure to issue international bonds
• ND: Country is not listed due to lack of reliable data

Auberge often appends a lower-case letter, s, r or d, to sovereign credit ratings. The letter represents a projection whether its analysts believe that the situation is stable (s), improving (i) or deteriorating (d).

Country	Rating	Outlook	Notable considerations
Ainin	AAA	Negative	Central Ocean tidal wave losses
Template:Country data Ankoren	CCC	Negative	Assumption of Irvadi sovereign debt upon UNIR formation
Template:Country data Arkiasis	AA	Stable
Katranjiev	BB	Positive	Integration into Esquarian Common Market
Template:Country data Koyro	N	N/A
Luziyca	AA	Stable
Montecara	AAA	Stable
Namor	BBB	Negative	Central Ocean tidal wave losses
Nevanmaa	BB	Stable
Pavonistade	A	Negative	Exit from Esquarian Common Market
Senria	BB	Positive	Greater integration into world economy
Tuthina	BB	Stable
Vyvland	AAA	Stable
Xiaodong	CC	Negative	EC sanctions, regional instability, economic mismanagement