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

Ryanair DAC

Rating History

Rating Watch Outlook Decision Date Action Validity Date Maximum Validity
BBB- Watch UNW 04.03.2022 08.03.2022
BBB- Outlook POS 09.02.2022 15.02.2022
n.r. 25.03.2020 27.03.2020 27.03.2020
BBB+ Outlook STA 21.09.2018 28.09.2018

News

  • 08.03.2022
    Creditreform Rating has placed the BBB- unsolicited corporate issuer rating of Ryanair Holdings plc as well as the BBB- unsolicited corporate issuer rating of Ryanair DAC on watch UNW. The outlook is not applicable. Creditreform Rating has also placed the BBB- unsolicited corporate issue rating of the long-term local currency senior unsecured notes issued by Ryanair DAC on watch UNW. These issues are included in the list of ECB-eligible marketable assets, which can be found on the ECB's website. For more details regarding the ratings, please refer to our press release below.
  • 15.02.2022
    Creditreform Rating assigned the unsolicited corporate issuer rating of Ryanair DAC at BBB- with a positive outlook. Ryanair DAC is a wholly owned subsidiary of Ryanair Holdings plc with designated operating activities. Due to the financial, operational, liability and corporate law relationship to its parent company, the unsolicited corporate issuer rating of Ryanair DAC equates with the unsolicited corporate issuer rating of Ryanair Holdings plc, which is BBB- / positive.
  • 27.03.2020
    Creditreform Rating AG has temporarily withdraw the corporate issuer rating of Ryanair DAC and set the ratings to N.R. (Not Rated). The main reasons for this decision are the changing information base regarding the COVID-19 pandemic and the high degree of uncertainty regarding the duration of the crisis and the resulting substantial economic consequences for the aviation industry. As soon as the economic effects of the COVID-19 pandemic for the rating object can be assessed on a more reliable basis, the rating will be resumed.
  • 28.09.2018
    Creditreform Rating has carried out an unsolicited corporate issuer rating of Ryanair DAC. The rating has been set to BBB+ with stable outlook.