Credit ratings - Vattenfall.de

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Credit ratings

Vattenfall and other borrowers are assessed according to two main parameters:

  • Business Risk Analysis, comprising Industry Characteristics, Competitive Position, Management and Business Strategy
  • Financial Risk Analysis, comprising Financial Policy, Cash Flow Protection, Profitability, Capital Structure and Financial Flexibility

Vattenfall’s international ratings for senior unsecured debt

Rating agency Long-term Short-term Latest change
Standard & Poor's A A-1

23 December 2009 Outlook changed from stable to negative

 

30 June 2009 Long-term rating upgraded to A and short term to A-1

6 September 2006 Outlook changed from positive to stable

21 June 2005
Outlook changed from stable to positive.

4 April 2003
Outlook changed from negative to stable.

3 July 2001
Long-term rating lowered to A- and short term to A-2.

Moody's A 2 P-1 27 July 2006
Outlook changed from positive to stable

23 June 2005
Long-term rating changed from A3 to A2.

7 June 2005 Outlook changed from stable to positive.

10 October 2003
Outlook changed from negative to stable.

23 July 2001
Long-term rating lowered to A3 with negative outlook and short-term to P-2 .

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Updated:
2010-06-21
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