Investors – Credit Rating

Information on Aperam’s credit ratings.

IssuerLong-term ratingOutlook
Moody’s Baa3Stable
Standard & Poor’sBBB-Stable

Moody's

DateRevisionRatingOutlook
February 2017UpgradeBaa3Stable
February 2016UpgradeBa1Stable
April 2015UpgradeBa2Positive
November 2014UpgradeBa3Positive
May 2014Outlook RevisionB1Positive
November 2012DowngradeB1Negative
November 2011DowngradeBa3Negative
January 2011InitiateBa2Stable

Standard & Poor’s

DateRevisionRatingOutlook
May 2017UpgradeBBB-Stable
January 2017Outlook RevisionBB+Positive
December 2015UpgradeBB+Stable
April 2015UpgradeBBStable
November 2014UpgradeBB-Stable
July 2014Outlook RevisionB+Positive
November 2012DowngradeB+Negative
June 2012DowngradeBB-Negative
October 2011Outlook RevisionBBNegative
April 2011InitiateBBStable