European rating agency. Objective, transparent, independent.
European rating agency. Objective, transparent, independent.

Long-Term Local Currency Senior Unsecured Issues

Elia Group SA/NV

Rating History

Rating Watch Outlook Decision Date Action Validity Date Maximum Validity
A- Outlook NEG 23.10.2023 27.10.2023
A- Outlook STA 19.12.2022 21.12.2022
A- Watch UNW 01.07.2022 06.07.2022
A- Outlook NEG 11.03.2022 17.03.2022
A- Outlook STA 02.07.2021 08.07.2021
A- Outlook STA 06.02.2020 17.02.2020
A 08.08.2018 16.08.2018

News

  • 27.10.2023
    Creditreform Rating has affirmed the unsolicited corporate issuer rating of Elia Group SA/NV at A. Creditreform Rating has also affirmed the unsolicited corporate issue rating of the long-term local currency senior unsecured notes issued by Elia Group SA/NV at A-. These issues are included in the list of ECB-eligible marketable assets, which can be found on the ECB's website. The outlook for the ratings has changed from stable to negative. The initial unsolicited short-term rating of Elia Group SA/NV has been set to L2. For more details regarding the ratings, please refer to our update report below.
  • 21.12.2022
    Creditreform Rating has affirmed the unsolicited corporate issuer rating of Elia Group NV/SA at A. Creditreform Rating has also affirmed the unsolicited corporate issue rating of the long-term local currency senior unsecured notes issued by Elia Group NV/SA at A-. These issues are included in the list of ECB-eligible marketable assets, which can be found on the ECB's website. Creditreform Rating has set the outlook for each rating to stable. The addition of Watch UNW has been omitted. For more details regarding the ratings, please refer to our press release below.
  • 06.07.2022
    Creditreform Rating has set the unsolicited corporate issuer rating of A of Elia Group NV/SA and the unsolicited corporate issue rating of A- of the EUR-denominated long-term senior unsecured issues of Elia Group NV/SA on Watch UNW. The debt securities are included in the ECB's list of eligible marketable assets, which is available on the European Central Bank's website. An outlook is not applicable. For further details on the ratings, please refer to the press release below.
  • 17.03.2022
    Creditreform Rating has affirmed the unsolicited corporate issuer rating of Elia Group NV/SA at A. Creditreform Rating has also affirmed the unsolicited corporate issue rating of the long-term local currency senior unsecured notes issued by Elia Group NV/SA at A-. These issues are included in the list of ECB-eligible marketable assets, which can be found on the ECB's website. The outlook for the ratings has been changed to negative from stable. For more details regarding the ratings, please refer to our press release below.
  • 08.07.2021
    Based on the update of the unsolicited corporate issuer rating of Elia Group S.A. (A / Stable) Creditreform Rating confirmed the unsolicited corporate issue rating (ISIN) of Elia Group S.A. at A- with stable outlook. The difference between the unsolicited corporate issuer rating and the unsolicited corporate issue rating is due to the structural subordination of the notes issued by Elia Group S.A., as the claims of creditors of Elia Group´s subsidiaries have priority over the claims of Elia Group.The rating objects in question are exclusively long-term senior unsecured issues denominated in Euro, which have been issued by Elia Group S.A. and included in the list of ECB-eligible marketable assets. The ECB list of eligible marketable assets can be found on the ECB´s website. All the following issues (ISIN) are rated with A- / stable.
  • 17.02.2020
    Based on the update of the unsolicited corporate issuer rating of Elia Group S.A./N.V. (A / Stable) Creditreform Rating downgraded the unsolicited corporate issue rating to A- / Stable. The primary reason that lead to this decision stems from the structural reorganization, which created a structural subordination of Elia Group S.A./N.V. against the indebtedness of its subsidiaries. The rating objects in question are exclusively the long term senior unsecured issues denominated in Euro, which have been issued by Elia Group S.A./N.V. and are included in the list of ECB-eligible marketable assets. The ECB list of eligible marketable assets can be found on the ECBs website. All the following issues (ISIN) listed below are rated one notch below the corporate issuer rating due to their structurally subordinated status.
  • 16.08.2018
    Based on the unsolicited corporate issuer rating of Elia System Operator N.V./S.A. (group) (A/stable), Creditreform Rating has conducted unsolicited corporate issue ratings (ISIN) issued by Elia System Operator N.V./S.A. (group).
    The rating objects in question are exclusively long term senior unsecured issues denominated in Euro, which have been issued by Elia System Operator N.V./S.A. (group) and included in the list of ECB-eligible marketable assets. The ECB list of eligible marketable assets can be found on the ECBs website. All the following issues (ISIN) are rated with A.

ISIN Liste

ISIN Action Validity Date Maximum Validity
BE6352705782 21.06.2024
BE0002629104 22.01.2019 06.02.2020
BE0002596741 28.11.2018
BE0119550466 16.08.2018 13.05.2019
BE0002433085 16.08.2018 06.02.2020
BE0002276450 16.08.2018 06.02.2020
BE0002239086 16.08.2018 06.02.2020
BE0002466416 16.08.2018 06.02.2020
BE0002432079 16.08.2018 06.02.2020