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European rating agency. Objective, transparent, independent.

Long-Term Local Currency Senior Unsecured Issues

Elia Group S.A./N.V.

Rating History

Rating Watch Outlook Decision Date Action Validity Date Maximum Validity
A- Outlook STA 06.02.2020 17.02.2020
A 08.08.2018 16.08.2018

News

  • 17.02.2020
    Based on the update of the unsolicited corporate issuer rating of Elia Group S.A./N.V. (A / Stable) Creditreform Rating downgraded the unsolicited corporate issue rating to A- / Stable. The primary reason that lead to this decision stems from the structural reorganization, which created a structural subordination of Elia Group S.A./N.V. against the indebtedness of its subsidiaries. The rating objects in question are exclusively the long term senior unsecured issues denominated in Euro, which have been issued by Elia Group S.A./N.V. and are included in the list of ECB-eligible marketable assets. The ECB list of eligible marketable assets can be found on the ECBs website. All the following issues (ISIN) listed below are rated one notch below the corporate issuer rating due to their structurally subordinated status.
  • 16.08.2018
    Based on the unsolicited corporate issuer rating of Elia System Operator N.V./S.A. (group) (A/stable), Creditreform Rating has conducted unsolicited corporate issue ratings (ISIN) issued by Elia System Operator N.V./S.A. (group). The rating objects in question are exclusively long term senior unsecured issues denominated in Euro, which have been issued by Elia System Operator N.V./S.A. (group) and included in the list of ECB-eligible marketable assets. The ECB list of eligible marketable assets can be found on the ECBs website. All the following issues (ISIN) are rated with A.

ISIN Liste

ISIN Action Validity Date Maximum Validity
BE0002629104 22.01.2019 06.02.2020
BE0002596741 28.11.2018
BE0119550466 16.08.2018 13.05.2019
BE0002433085 16.08.2018 06.02.2020
BE0002276450 16.08.2018 06.02.2020
BE0002239086 16.08.2018 06.02.2020
BE0002466416 16.08.2018 06.02.2020
BE0002432079 16.08.2018 06.02.2020