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 | 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 . |
Jump directly to: Top of text , Search , Main navigation , sub navigation , meta navigation , Top of page