The short-term debt rating upgrade is driven by the issuers’ improved financial risk profile, with stronger credit metrics also expected in the coming years.

The short-term debt rating is based on the high credit quality of the issuers which remains driven by a solid business risk profile, a strong financial risk profile and Axpo’s status as a government-related entity, paired with a robust liquidity profile.

The short-term debt rating is based on the still strong credit quality of the issuers which remains driven by solid business and financial risk profiles and Axpo’s status as a government-related entity paired with a robust liquidity profile.

Scope has released the analytical report associated to the recent rating assignment of an S-1 short-term debt rating to Axpo Holding AG and its financing subsidiary Axpo International on 8 December 2022.

The short-term debt rating is based on a strong credit quality of the issuers which is driven by solid business and financial risk profiles and Axpo’s status as a government-related entity paired with a solid liquidity profile.