Ryanair DAC

News

• 20.09.2023
  Creditreform Rating has upgraded the unsolicited corporate issuer rating of Ryanair Holdings plc as well as the unsolicited corporate issuer rating of Ryanair DAC from BB+ to BBB. Creditreform Rating has also upgraded the unsolicited corporate issue rating of the long-term local currency senior unsecured notes issued by Ryanair DAC from BB+ to BBB. These issues are included in the list of ECB-eligible marketable assets, which can be found on the ECB's website. The outlook for the ratings has changed from positive to stable. The initial unsolicited short-term rating of Ryanair Holdings plc and Ryanair DAC has been set to L2. For more details regarding the ratings, please refer to our rating update report below.
• 27.12.2022
  Creditreform Rating has downgraded the unsolicited corporate issuer rating of Ryanair Holdings plc as well as the unsolicited corporate issuer rating of Ryanair DAC from BBB- to BB+. Creditreform Rating has also downgraded the unsolicited corporate issue rating of the long-term local currency senior unsecured notes issued by Ryanair DAC from BBB- to BB+. These issues are included in the list of ECB-eligible marketable assets, which can be found on the ECB's website. The outlook for the ratings changed to positive from Watch UNW. For more details regarding the ratings, please refer to our rating press release below.
• 07.07.2022
  Creditreform Rating has set the unsolicited corporate issuer and issue ratings of BBB- of Ryanair DAC and of the EUR-denominated long-term senior unsecured issues of Ryanair DAC on Watch UNW. The debt securities are included in the ECB's list of eligible marketable assets, which is available on the European Central Bank's website. An outlook is not applicable. For further details on the ratings, please refer to the press release below.
• 08.03.2022
  Creditreform Rating has placed the BBB- unsolicited corporate issuer rating of Ryanair Holdings plc as well as the BBB- unsolicited corporate issuer rating of Ryanair DAC on watch UNW. The outlook is not applicable. Creditreform Rating has also placed the BBB- unsolicited corporate issue rating of the long-term local currency senior unsecured notes issued by Ryanair DAC on watch UNW. These issues are included in the list of ECB-eligible marketable assets, which can be found on the ECB's website. For more details regarding the ratings, please refer to our press release below.
• 15.02.2022
  Creditreform Rating assigned the unsolicited corporate issuer rating of Ryanair DAC at BBB- with a positive outlook. Ryanair DAC is a wholly owned subsidiary of Ryanair Holdings plc with designated operating activities. Due to the financial, operational, liability and corporate law relationship to its parent company, the unsolicited corporate issuer rating of Ryanair DAC equates with the unsolicited corporate issuer rating of Ryanair Holdings plc, which is BBB- / positive.
• 27.03.2020
  Creditreform Rating AG has temporarily withdraw the corporate issuer rating of Ryanair DAC and set the ratings to N.R. (Not Rated). The main reasons for this decision are the changing information base regarding the COVID-19 pandemic and the high degree of uncertainty regarding the duration of the crisis and the resulting substantial economic consequences for the aviation industry. As soon as the economic effects of the COVID-19 pandemic for the rating object can be assessed on a more reliable basis, the rating will be resumed.
• 28.09.2018
  Creditreform Rating has carried out an unsolicited corporate issuer rating of Ryanair DAC. The rating has been set to BBB+ with stable outlook.