Rating

AB Volvo (publ) is among the highest rated industrial companies in the Nordic region. 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 favorable financing of certain opera-

 

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

tions 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 AgencyShort termLong term
Moody's (global)P-2 Baa2 stable
S&P (global)A-3BBB negative
DBRS (Canada)R-1 (low) stable 
R&I (Japan)a-1A+ credit watch negative
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