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|AGENCY||LONG-TERM||OUTLOOK||DATE OF ASSESMENT|
|Standard & Poor's||BBB||Negative||March 1, 2022|
|BBB||Stable||December 21, 2021|
|BBB||Stable||June 4, 2021|
|BBB||Stable||September 28, 2020|
|BBB-||Positive||May 6, 2019|
The ratings can be reviewed, suspended or withdrawn by the rating agency at any time.
Here you will find the definitions of the ratings used by the agencies that assign Siemens Gamesa's credit rating:
Standard & Poor's
An obligor rated 'BBB' has adequate capacity to meet its financial commitments.However, adverse economic conditions or changing circumstances are more likely to weaken the obligor's capacity to meet its financial commitments.
Ratings can be modified by the addition of a plus (+) or minus (-) sign to show relative standing position within the rating categories.
A stable outlook means that the rating is not likely to change over the intermediate to longer term.