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European rating agency. Objective, transparent, independent.

Telefónica Europe, B.V.

Rating History

Rating Watch Outlook Decision Date Action Validity Date Maximum Validity
BBB- Outlook STA 05.05.2023 11.05.2023
BBB- Outlook STA 16.12.2022 22.12.2022
BBB- Watch UNW 01.07.2022 07.07.2022
BBB- Outlook STA 16.07.2021 21.07.2021
BBB- Outlook NEG 18.09.2020 23.09.2020
BBB- Outlook STA 29.11.2019 10.12.2019
BBB- Outlook STA 20.08.2018 28.08.2018

News

  • 11.05.2023
    Creditreform Rating has affirmed the unsolicited corporate issuer rating of Telefónica S.A. as well as the unsolicited corporate issuer rating of Telefónica Emisiones S.A.U. and Telefónica Europe B.V. at BBB-. Creditreform Rating has also affirmed the unsolicited corporate issue ratings of the long-term local currency senior unsecured notes issued by Telefónica Emisiones S.A.U. and Telefónica Europe B.V. at 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 is stable. For more details regarding the ratings, please refer to our update report below.
  • 22.12.2022
    Creditreform Rating has affirmed the unsolicited corporate issuer rating of Telefónica S.A. as well as the unsolicited corporate issuer rating of Telefónica Emisiones S.A.U. and Telefónica Europe B.V. at BBB-. Creditreform Rating has also affirmed the unsolicited corporate issue ratings of the long-term local currency senior unsecured notes issued by Telefónica Emisiones S.A.U. and Telefónica Europe B.V. at 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 is stable. For more details regarding the ratings, please refer to our update report below.
  • 07.07.2022
    Creditreform Rating has assigned the unsolicited corporate issuer ratings of BBB- of Telefónica S.A., Telefónica Emisiones, S.A.U. and Telefónica Europe, B.V. as well as the EUR-denominated long-term senior unsecured issues of the named issuers with the addendum 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.
  • 21.07.2021
    Creditreform Rating confirmed the unsolicited corporate issuer rating of Telefónica Europe B.V. at BBB- with stable outlook. Telefónica Europe B.V.'s activity is the provision of treasury activities to the Telefónica Group. Due to the financial-, and legal relationship to the Telefónica Group the unsolicited corporate issuer rating of Telefónica Europe B.V. equates with the unsolicited corporate issuer rating of Telefónica S.A., which is BBB- / stable.
  • 23.09.2020
    Creditreform Rating AG confirmed the unsolicited corporate issuer rating of Telefónica Europe B.V. at BBB- with negative outlook. Telefónica Europe B.V.'s activity is the provision of treasury activities to the Telefónica Group. Due to the financial-, and legal relationship to the Telefónica Group the unsolicited corporate issuer rating of Telefónica Europe B.V. equates with the unsolicited corporate issuer rating of Telefónica S.A., which is (BBB- / negative).
  • 10.12.2019
    Creditreform Rating has carried out an unsolicited rating of Telefónica Europe B.V. The rating has been set to BBB- with stable outlook. The rating assessment is derived from the unsolicited corporate issuer rating of the parent company Telefónica, S.A. due to corporate and liability laws as well as financial and strategic interdependencies. Creditreform Rating has updated the unsolicited corporate issuer rating of Telefónica, S.A. on the same date. The current rating of BBB- attests a highly satisfactory level of creditworthiness to Telefónica, S.A., which represents a low to medium default risk. A more detailed presentation of the results can be found in the news of the rating as well as in the rating report of Telefónica, S.A.
  • 28.08.2018
    Creditreform Rating has carried out an unsolicited rating of Telefónica Europe B.V. The rating has been set to BBB- with stable outlook.