Debt
Credit ratings
| Ratings | LT/ST Counterparty | Issuer/LT senior preferred debt | Outlook/Review | ST senior preferred debt | Last rating action | Rating action |
|---|---|---|---|---|---|---|
| S&P Global Ratings | AA-/A-1+ (RCR) | A+ | Negative outlook | A-1 | 21/10/2020 | LT / ST ratings affirmed; outlook unchanged |
| Moody’s | Aa2/P-1 (CRR) | Aa3 | Stable outlook | P-1 | 19/09/2019 | LT ratings upgraded (1 notch); outlook changed to stable from positive; ST debt ratings confirmed |
| Fitch Ratings | AA- (DCR) | A+/AA- | Negative outlook | F1+ | 10/11/2020 | LT / ST ratings affirmed; outlook unchanged |
| DBRS | AA (high) / R-1 (high) (COR) | AA (low) | Stable outlook | R-1 (middle) | 28/09/2020 | LT / ST ratings affirmed; outlook unchanged |
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