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Investors - Ensuring sustainable growth
Investors - Ensuring sustainable growth

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Ensuring sustainable growth

 

Credit ratings

Credit ratings assess the credit worthiness of the Company and its ability to pay its debt.

Sanofi is followed by the credit rating agencies Moody’s, Standard & Poor’s and Scope Ratings.

Overview of credit ratings

Overview of credit ratings
AgenciesAnalystsShort-term ratingLong-term ratingOutlook
Moody’sKnut SlattenP-1
on 12/24/2004
A1
on 03/27/2013
Stable
on 18/08/2017
Standard & Poor’sMarketa HorkovaA-1+
on 03/22/2005
AA
on 05/03/2013
Stable
on 18/08/2017
Scope RatingsOlaf TolkeS-1+
on 09/07/2017
AA
on 09/07/2017
Stable
on 09/07/2017

 

The agencies’ ratings are the following:

 

Moody’s

  • Long-term ratings, in decreasing order: Aaa, Aa, A, Baa, Ba, B, Caa, Ca, C. The rating is completed by a number from 1 to 3. 
  • Short-term ratings, in decreasing order: P-1, P-2, P-3, NP.
 

Standard & Poor’s

  • Long-term ratings, in decreasing order: AAA, AA, A, BBB, BB, B, CCC, CC, C, D. The rating is completed by + or -. 
  • Short-term ratings, in decreasing order: A-1+, A-1, A-2, A-3, B, C, D.
 

Scope Ratings

  • Long-term ratings, in decreasing order: AAA, AA, A, BBB, BB, B, CCC, CC, C, D. The rating is completed by + or -. 
  • Short-term ratings, in decreasing order: S-1+, S-1, S-2, S-3, S-4.
 

 

We provide this list for your convenience only and do not endorse or express any opinion on these analysts’ ratings. The list will be updated on a regular basis, but does not purport to be complete, correct or representative as of any point in time.