Rating

The purpose of credit ratings is to rank the capability of a company to repay loans - short term and long term - at the time of the maturity of the loan.

The Group's goal is to maintain good credit ratings as a base for favourable financing of certain operations

 

Volvo Group ratings (each agency has it's own nomenclature)

through loans and AB Volvo (publ) has business agreements with two global rating agencies; Moody's Investor Services and S&P (Standard and Poor's) and national agencies (due to local regulations); DBRS (Dominion Bond Rating Services) in Canada and R&I (Rating & Investment Information) in Japan.

Rating Agency

Short term

Long term

Moody's (global)

P-2

Baa2, stable

S&P (global)

A-2

BBB, stable

DBRS (Canada)

R-2 (high) 

 

R&I (Japan)

a-1

A-, positive