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EUR 168.66 For Business Accounts Only

Moody's affirms RWE Baa3 senior, Ba2 hybrid ratings; multiple outlooks

London, 03 November 2016-- Moody's Investors Service has today affirmed the senior long- and short-term Baa3/P-3 ratings of German utility, RWE AG and the Ba2 rating for its Subordinated Hybrid Capital Securities, following the sale of around 23% of the shares in RWE's subsidiary, innogy SE. The outlook on the senior bonds of RWE AG, innogy Finance B.V. and innogy Finance II B.V. under the guarantee of RWE AG remains stable. At the same time, Moody's has changed the outlook to negative from...
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Moody's Investors Service
Moody's Investors Service

Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:

  • 130 countries
    11,000 corporate issuers
    21,000 public finance issuers
    76,000 structured finance obligations



Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.



Moody’s default studies validate our predictive ratings. Our published research and investor briefings draw thousands of attendees each year and keep investors current with the rationale underlying our credit opinions. 

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