Rating tables by Agency
This page details the ratings awarded to the Company by the following credit rating agencies: Fitch Ratings España, S.A., Moody’s Investors Service España, S.A. and Standard & Poor’s.
| Agency Rating Name | Concept | Ratings Awarded | The Latest Update |
| Fitch | Long Term Short Term Outlook |
A- (Senior Preferred A) F2 Stable |
5 Dec 2022 |
| Moody’s | Long Term Short Term Outlook |
A2 (Senior Unsecured A2) P1 Stable |
2 Aug 2022 |
| Standard & Poor’s | Long Term Short Term Outlook |
A (Senior Unsecured A) A-1 Stable |
24 May 2022 |
The credit rating can be revised, cancelled or withdrawn at any time by the ratings agency.
These credit ratings do not constitute a recommendation to buy, sell or subscribe to the bonds issued by the Company.
The aforementioned credit ratings are only an estimation and should not prevent potential investors in bonds issued by the company from undertaking their own analysis of the Company or the bonds it issues.
The long term debt rating categories used by the aforementioned agencies are as follows:
| Category | Moody’s | Standard & Poors | Fitch |
| Investment Category | Aaa Aa A Baa |
AAA AA A BBB |
AAA AA A BBB |
| Especulative Category | Ba B aa Ca C |
BB B CCC CC C |
BB B CCC CC C |
The short term debt rating categories used by these agencies are as follows:
| Moody’s | Standard & Poors | Fitch |
| Prime-1 Prime-2 Prime-3 |
A-1 A-2 A-3 B C |
F1 F2 F3 B C |
