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.
AB Volvo (publ) has business agreements with two global rating agencies; Moody's Investor Services and S&P (Standard and Poor's) and one local agency; R&I (Rating & Investment Information) in Japan.
| Rating Agency | Short term | Long term |
|---|---|---|
| Moody's (Corporate Rating) | P-1 | A2, stable |
| S&P (Corporate Rating) | A-1 | A, stable |
| R&I (Japan) | a-1+ | AA-, stable |
