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European rating agency. Objective, transparent, independent.

Verbund AG

Rating History

Rating Watch Outlook Decision Date Action Validity Date Maximum Validity
A Outlook POS 20.11.2023 27.11.2023
A Outlook STA 14.02.2022 17.02.2022

News

  • 27.11.2023
    Creditreform Rating has affirmed the unsolicited corporate issuer rating of Verbund AG at A. Creditreform Rating has also affirmed the unsolicited corporate issue rating of the long-term local currency senior unsecured notes issued by Verbund AG at A. 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 positive. The initial unsolicited short-term rating of Verbund AG has been set to L2. For more details regarding the ratings, please refer to our rating update report below.
  • 17.02.2022
    Creditreform Rating has issued an unsolicited rating on Verbund AG and set it at A. The outlook is stable. The rating is based on the overall positive development in the balance sheet and financial structures as well as the continuous earnings growth in recent years. Consistent cost management and very good and forward-looking risk management can be derived from this. The economic distortions from the ongoing COVID 19 pandemic are currently having a dampening effect on the rating, resulting in uncertainties regarding the future economic development.