Rating
Agency
Long term
Short term
Outlook
Date of assessment
Standard & Poor’s
BBB
A-2
Stable
2017/05/08
Standard & Poor’s
BBB
A-2
Negative
2017/10/23*
Standard & Poor’s
BBB
A-2
Stable
2018/05/15*
Standard & Poor’s
BBB
A-2
Stable
2019/06/27
Standard & Poor’s
BBB
A-2
Stable
2019/10/17
Standard & Poor’s
BBB
A-2
Stable
2020/05/20
Standard & Poor’s
BBB
A-2
Negative
2020/10/21**
Standard & Poor’s
BBB-
A-3
Stable
2021/03/09**
Standard & Poor’s
BBB-
A-3
Stable
2022/03/06
Standard & Poor’s
BBB-
A-3
Stable
2022/10/07
Standard & Poor’s
BBB-
A-3
Stable
2023/04/14
Standard & Poor’s
BBB-
A-3
Stable
2023/11/30
Standard & Poor’s
BBB-
A-3
Stable
2024/07/24
Standard & Poor’s
BBB-
A-3
Stable
2025/09/26
* On Abertis takeover launch
** On sale of 50% Thiess stake
Warning: these ratings are only an opinion about the company solvency but are not absolute measures of default probability. These ratings may be revised, suspended or withdrawn at any time by the respective rating agency.
** On sale of 50% Thiess stake
Warning: these ratings are only an opinion about the company solvency but are not absolute measures of default probability. These ratings may be revised, suspended or withdrawn at any time by the respective rating agency.