Uniper receives ‘BBB+’ rating from Scope
- Solid financial risk profile highlighted by rating agency
- Uniper is the first large energy company in Europe to be rated by Scope
Scope Ratings AG (shorthand: Scope) has awarded Uniper an initial issuer credit rating ‘BBB+’. The outlook on the rating is stable. Uniper is the first large European energy company to receive a rating from Scope. The agency has so far rated six DAX companies, the most recent of which was Daimler AG.
Scope’s rating assessment reflects the agency’s view on Uniper’s diversified business mix and strong financial risk profile, in particular following the sale of Uniper’s participation in the Russian gas-field Yuzhno Russkoye which is expected to be closed by the end of this year.
“We are delighted about this positive initial assessment by the fast-growing European rating agency. After receiving a positive outlook on our rating from Standard & Poor’s in mid-April, this is yet further positive news”, says Christopher Delbrück, CFO of Uniper SE. “Our rating agencies therefore recognise our ambition to further strengthen our balance sheet.”
The European Banking Authority (EBA) recognises Scope as a so-called External Credit Assessment Institution (‘ECAI’). Ratings by the company rank equal to those from the other established rating agencies. Scope strives to achieve a broad rating coverage of European corporates.
This press release may contain forward-looking statements based on current assumptions and forecasts made by Uniper SE management and other information currently available to Uniper. Various known and unknown risks, uncertainties, and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. Uniper SE does not intend, and does not assume any liability whatsoever, to update these forward-looking statements or to conform them to future events or developments.