Release of 20.12.2023
A rated by all three major credit rating agencies
The international rating agency Moody’s Investors Service (Moody’s) upgraded yesterday the credit rating of A1 Group from Baa1 to A3 with a stable outlook. On top of Standard & Poor’s and Fitch, with the latest upgrade of Moody's, A1 Group is now A rated by all three major credit rating agencies.
According to Moody’s the upgrade was driven by the sustainably reduced leverage, supported by a better than expected operating performance and a solid track record operating under a conservative financial policy.
Alejandro Plater and Thomas Arnoldner, the Management Board of A1 Group, agree: “The upgrade reflects a consistent history of adhering to the strong execution of our strategy, a prudent financial policy and resilient results in a challenging environment.”
- Moody's Investor Services: A3
- Fitch: A-
- Standard & Poor's: A-