Report
EUR 220.85 For Business Accounts Only

Total SE: Update following downgrade to A1 with stable outlook

Our credit view of Total, reflecting its strong proven reserves, which represent around 11 years of production, constrained by its exposure to risks related to the sluggish demand for oil.
Underlying
Total Transport Systems

Total Transport Systems Ltd. Total Transport Systems Limited is an India-based provider of logistics services company. The Company is focused on operating in sea freight forwarding, consolidation and deconsolidation of cargo, air freight logistic and warehousing and transportation. It provides services to customers in two ways, such as booking and logistics solutions. It offers a range services, including break bulk shipment, logistics, cargo movement, air, and specialized services.

Provider
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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