Announcements
Drinks

11/4/2025 Rating announcement EN
Scope affirms NRW's AAA rating with Stable Outlook
A strong institutional framework, excellent market access, conservative financial, debt and liquidity management, and sound economic fundamentals are strengths. Relatively high debt and some budget pressures, with moderate flexibility, are challenges.

26/4/2024 Rating announcement EN
Scope affirms and publishes NRW’s AAA rating with Stable Outlook
A strong institutional framework, excellent market access, conservative financial, debt and liquidity management, and sound economic fundamentals are strengths. Relatively high debt and some budget pressures, with moderate flexibility, are challenges.
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