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Fortum Oyj: Update to credit analysis

Our credit view of this issuer reflects its modest leverage and its moderate level of expected government support, constrained by its volatile commodity and power price environment.

Moody's Ratings announces completion of a periodic review of ratings o...

Moody's Ratings (Moody's) has completed a periodic review of the ratings of Fortum Oyj and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 5 August 2024 in which we reassessed the appropriateness of the ratings in the context of the re...

Fortum Oyj: Update following change in outlook to stable

Our credit view of Fortum reflects its modest leverage, underpinned by a high share of carbon-free generation in the Nordics, but balance sheet leverage could increase over time.

Moody's changes Fortum's rating outlook to stable; affirms Baa2 rating...

Moody's Investors Service ("Moody's") has today changed to stable from negative the outlook of Fortum Oyj (Fortum). At the same time, Moody's has affirmed the Baa2 long-term issuer rating, the (P)Baa2 rating of the company's senior unsecured MTN programme, and the baa3 Baseline Credit Assessment (BC...

Fortum Oyj: Fortum signs final terms for Uniper sale to German governm...

Fortum to sell all of its Uniper shares, be paid back of its EUR 4.0 billion shareholder loan and released from EUR 4.0 billion parent company guarantee facility.

Fortum Oyj: Update following confirmation of Baa2 ratings

Our credit view of Fortum incorporates substantial equity losses on its Uniper investment, but its nationalisation will leave Fortum with an improved business risk profile.

Moody's confirms Fortum's Baa2 rating; negative outlook

Moody's Investors Service (Moody's) has today confirmed the Baa2 long-term issuer rating of Fortum Oyj (Fortum) and the (P)Baa2 rating of the company's MTN programme, as well as the baa3 baseline credit assessment (BCA). The outlook is negative from ratings under review. This rating action conclud...

Fortum Oyj: Uniper's full drawdown of credit facility illustrates ongo...

Reduced Russian gas supply and volatility in commodity markets puts pressure on Uniper's liquidity

Moody's reviews Fortum's ratings for downgrade

Moody's Investors Service ("Moody's") has today placed on review for downgrade the Baa2 senior unsecured debt and long-term issuer ratings of Fortum Oyj (Fortum), the (P)Baa2 rating of the company's MTN programme, as well as the baa3 baseline credit assessment (BCA). The outlook has been changed to ...

Fortum Oyj: Update following change in outlook to negative

Our credit view of Fortum Oyj reflects its high exposure to Russia and Russian gas, offset by clean power generation in the Nordics and moderate level of expected government support.

Moody's changes Fortum's outlook to negative; affirms Baa2 ratings

Rating Action: Moody's changes Fortum's outlook to negative; affirms Baa2 ratings. Global Credit Research- 02 Mar 2022. Paris, March 02, 2022-- Moody's Investors Service has today changed to negative from stable the outlook of Fortum Oyj.

Moody's changes Fortum's outlook to negative; affirms Baa2 ratings

Rating Action: Moody's changes Fortum's outlook to negative; affirms Baa2 ratings. Global Credit Research- 02 Mar 2022. Paris, March 02, 2022-- Moody's Investors Service has today changed to negative from stable the outlook of Fortum Oyj.

Moody's announces completion of a periodic review of ratings of Fortum...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Fortum Oyj. Global Credit Research- 14 Dec 2021. Paris, December 14, 2021-- Moody's Investors Service has completed a periodic review of the ratings of Fortum Oyj and other ratings that are associated with the same analytical unit.

Fortum Oyj: Update to credit analysis following change of outlook to s...

Improving credit metrics following asset disposals balance increased business risk following acquisition of a majority stake in Uniper

Fortum Oyj: Update to credit analysis

Our credit view of Fortum, reflecting the moderate level of expected government support, offset by a volatile commodity and power price environment.

Moody's announces completion of a periodic review of ratings of Fortum...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Fortum Oyj. Global Credit Research- 08 Feb 2021. Paris, February 08, 2021-- Moody's Investors Service has completed a periodic review of the ratings of Fortum Oyj and other ratings that are associated with the same analytical unit.

Fortum Oyj: Update following confirmation of Baa2 rating

Our credit view of Fortum, reflecting the company's increased scale and geographical diversification, partly offset by its increased business risk and weaker credit metrics.

Moody's confirms Fortum's Baa2 rating; negative outlook

Rating Action: Moody's confirms Fortum's Baa2 rating; negative outlook. Global Credit Research- 09 Apr 2020. Paris, April 09, 2020-- Moody's Investors Service has today confirmed the Baa2 issuer and senior unsecured ratings of Fortum Oyj.

Moody's confirms Fortum's Baa2 rating; negative outlook

Rating Action: Moody's confirms Fortum's Baa2 rating; negative outlook. Global Credit Research- 09 Apr 2020. Paris, April 09, 2020-- Moody's Investors Service has today confirmed the Baa2 issuer and senior unsecured ratings of Fortum Oyj.

Moody's announces completion of a periodic review of ratings of Fortum...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Fortum Oyj. Global Credit Research- 12 Mar 2020. Paris, March 12, 2020-- Moody's Investors Service has completed a periodic review of the ratings of Fortum Oyj and other ratings that are associated with the same analytical unit.

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