Aktuelles > Aktuelles > Moody's raises its credit rating on VINCI to A3 with stable outlook (26. 05. 2016)
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Moody's raises its credit rating on VINCI to A3 with stable outlook
26. 05. 2016 - 17:59 - Finanzen
Moody's raises its credit rating on VINCI to A3 with stable outlook
Rating agency Moody's has raised its long-term credit rating on VINCI by one notch, from Baa1 to A3. It has also raised its short-term rating on VINCI by one notch, from P-2 to P-1. The outlook on both ratings remains stable.
ASF, a VINCI subsidiary that operates motorway concessions, also benefits from the upgrade, since its credit ratings are identical to those of its parent company.
The upgrade brings Moody's long-term rating into line with that of Standard & Poor's (A- since March 2014) and confirms VINCI's credit quality.