Creditreform Rating AG has withdrawn (N.R, Not Rated) the corporate issuer rating of EPIC SNCF Réseau. The reason for withdrawing the corporate issuer rating is because we have stopped the monitoring process of this rating
Creditreform Rating has raised the unsolicited corporate issuer rating of ÉPIC SNCF Réseau to AA / stable from AA- / stable. The main reason behind the decision is the upgrade of the sovereign rating of the French Republic to AA / stable from AA- / positive. We hold the view that despite the expected change in the legal status of SNCF Réseau (from an ÉPIC to a public limited liability company), the assumed extraodinary support of the French government in the event of financial needs will still remain very strong.
Creditreform Rating has confirmed the unsolicited corporate rating of ÉPIC SNCF Réseau. The rating has been reviewed on the basis of the current rating methodology for government related corporates.
Creditreform Rating has carried out an unsolicited corporate rating of ÉPIC SNCF Réseau. The rating and the rating report can be purchased by request to Creditreform Rating AG.