RWE ends Rating by S&P
RWE is today ending its rating by the agency Standard & Poor´s. Given the low level of activity on the capital market, a triple rating is no longer required.
Following its IPO in the autumn of 2016, innogy assumed a large portion of the Group’s financial liabilities. In addition, around 1.8 billion euros of the remaining bonds were redeemed last year. Therefore, RWE finds that the ratings by Moody´s (Baa3, stable outlook) and Fitch (BBB, stable outlook) are sufficient.