Credit and rating

Moody’s is the only agency that has issued a rating of our debt.

Rating

Moody’s rating

The Moody’s rating agency’s long-term forecast for SUEZ is negative, with a rating of A3, and a short-term score of P2.

Long term	A3 Negative outlook
Short term	Prime 2

Update: January 2018

The ratings shown above can be subject to revision or be withdrawn at any moment by the ratings agencies awarding them. None of these ratings represent an indication of past or future performance of SUEZ shares or debt issued by the Company and should not be used as part of an investment decision. The Company is not responsible for the accuracy and reliability of these ratings.

Debt and liquidity

On 31 December 2017

Net financial debt by type of rate

Bond issues

Latest bond issues

Pricing date	Code ISIN	Maturity date	Duration	Amount	Spread	Coupon Rate
31-Mar-2009	FR0010745976	08–Apr-2019	10 years	€800M	300	6,25%
19-May-2009	FR0010765859	08–Jun–2017	8 years	€250M	180	1,904%
08-Jul-2009	FR0010780528	22–Jul–2024	15 years	€500M	160	5,50%
09-Oct-2009	FR0010785436	12–Oct–2017	8 years	€150M	108	4,50%
15-Jun-2010	FR0010913780	24–Jun–2022	12 years	€750M	160	4,125%
12-May-2011	FR0011048966	17–May–2021	10 years	750M	86	4,078%
22-Nov-2011	FR0011149962	22–Nov–2018	7 years	€100M	90	3,08%
02-Dec-2011	FR0011158849	02–Dec–2030	19 years	€250M	260	5,375%
19-Mar-2013	FR0011454818	25–Mar–2033	20 years	€100M	110	3.3%
01-Oct-2013	FR0011585215	09–Oct–2023	10 years	€500M	77	2,75%
24-Feb-2014	FR0011766120	27–Feb–2020	6 years	€350M		0,00%
19-Jun-2015	FR0012817526	26–Jan–2017	19 months	€200M	20	Euribor3m + 20bps
25-Jun-2015	FR0012829406	01–Jul–2030	15 years	€50M	75	2,250%
03-Sept-2015	FR0012949923	10–Sept–2015	10 years	€500M	80	1,750%
19-May-2016	FR0013173432	19-May-2028	12 years	€500M	87	1,250%
27-Mar-2017	FR0013248507	03-Apr-2025	8 years	500M€	43	1,000%
27-Mar-2017	FR0013248523	03-Apr-2029	12 years	700M€	63	1,500%

Pricing date	Code ISIN	Maturity date	Duration	Amount	Spread	Coupon rate
16-Jun-2014	FR0011993500	PERPETUAL	N/A	€500M	225	3,000%
23-Mar-2015	FR0012648590	PERPETUAL	N/A	€500M	217	2,500%
10-Apr-2017	FR0013252061	PERPETUAL	N/A	€600M	250	2,875%