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SUEZ confirms its financial strength and welcomes Moody’s decision to convert its provisional Baa2/P2 with a stable outlook into a ‘definitive’ one

Moody’s Investors Service assigned a definitive Baa2 long-term rating and Prime 2 (P-2) short-term rating to SUEZ. The outlook is stable.

According to Moody’s, SUEZ’ Baa2/P2 ratings are supported by:

  • the group’s scale and positioning, with its assets generating revenue in excess of €7.5 billion in 2021;
  • the low-risk profile of its water business, which provides essential services to many low-risk counterparties in the public sector;
  • the diversification of its revenue base by business, contract type and by geography;
  • the strong integration across the value chain of water, sewage and waste treatments;  
  • underlying positive structural dynamics with tightening regulations on water and waste that will benefit from higher expertise and the rising sophistication in operations.
The Moody’s press release can be viewed on the rating agency’s website at: https://www.moodys.com/

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