Credit rating

Current rating

Creditworthiness checks by independent rating agencies have a substantial effect on a company's options for raising outside capital. The better the rating, the easier the access to international credit markets and the more affordable the borrowings.

RWE investment grade ratings

(As of 12 January 2017)

Moody'sStandard & Poor'sFitch
Non-current financial liabilitiesBaa3BBB-BBB
Outlookseveral*stablenegative
Subordinated debt (hybrid bonds)Ba2BBBB+
Current financial liabilitiesP-3A-3F3
Current reportpdfpdfpdf

* stable for senior bonds
   negative for the EMTN programme and hybrid bonds