Talents
2 min
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Fair winds and following seas
Find out more about the Bouygues group through portraits of its employees and interviews with them. Episode 2: Émeric Michel, Deputy operations…
Event
2 min
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Bouygues Group
COP 22: inventing tomorrow's world
The Bouygues group is taking part in COP 22 in Marrakesh between 7 and 18 November and is presenting its sustainable construction innovations there.
Insights
2 min
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Bouygues Group
Welcome!
The new corporate website is more than just a communication tool. We have revamped it to offer a new experience with a simplified menu, access to key ...
Insights
3 min
-
Groupe TF1
The rules of the game
The success of Chrono Bomb’ and Trésor Detector has helped TF1 Games-Dujardin, a TF1 subsidiary, become a recognised player in the board games busi ...
In pictures
1 min
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Bouygues Construction
A new seat of justice
PARIS. In the northwest corner of the capital, Bouygues Bâtiment Ile-de-France is carrying out its largest project, the future Paris Law Courts. An a ...
Talents
2 min
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Bouygues Telecom
Portrait
Find out more about the Bouygues group through portraits of its employees and interviews with them. Episode 1: Benjamin Lang and his double life as…
Insights
2 min
-
Bouygues Telecom
The genie of connected objects
Objenious is a new company created by Bouygues Telecom to strengthen its position in the Internet of Things. Several customers are already using its s ...
Interview
3 min
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Bouygues Immobilier
Nextdoor: for a new approach to working
Arthur Juin, Jean de Guerre and Roseline Desgroux are all business people who are keen users of Nextdoor, the collaborative workspaces launched by Bou ...
Magazine
Our websites
Les sites du groupe
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Credit ratings

STANDARD & POOR’S RATING: BBB/POSITIVE OUTLOOK (6 JULY 2016)

On 6 July 2016, Standard & Poor’s lifted Bouygues group’s long-term outlook from stable to positive.

Moody's rating: Baa1/stable outlook (3 July 2015)

On 3 July 2015, Moody's confirmed its Baa1/ stable outlook rating for Bouygues.

Standard & Poor’s rating: BBB/stable outlook, versus BBB+ previously (2 June 2014)

On 2 June 2014, Standard & Poor’s downgraded its long-term credit rating by one notch on the Bouygues group to BBB, and revised the outlook from negative to stable.

Moody’s rating: Baa1(with stable outlook) from A3 (5 March 2014)

On 5 March 2014, Moody’s downgraded Bouygues’ rating to Baa1 (with stable outlook) from A3.

Moody’s rating: A3/negative outlook (7 June 2013)

On 7 June 2013, Moody’s confirmed its A3/negative outlook rating for Bouygues.

On 31 August 2012, Moody's rated Bouygues group A3/negative outlook.

On 31 August 2011, for the first time, Moody’s rated Bouygues group A3/stable outlook. This decision factors in the share repurchase tender offer announced on the same day.

Standard & Poor’s rating: BBB+/negative outlook/A-2 (13 June 2013)

On 13 June 2013, Standard & Poor’s confirmed its BBB+/A-2 rating for Bouygues and placed it on negative creditwatch/outlook.

On 30 November 2011, Standard & Poor's downgraded Bouygues’ rating by one notch from A- to BBB+/Stable/A-2

On 2 September 2011, Standard & Poor’s placed Bouygues’ rating (A-) on CreditWatch with negative implications.

On 7 July 2011, Standard & Poor’s confirmed Bouygues’ credit rating (A-/Stable/A-2).

On 29 October 2010, Bouygues carried out a €1 billion bond issue maturing in 2019, which was given the same rating as the group. One of the main purposes of the issue was to exchange part of the bond tranches due to mature in 2013 and 2014.

On 12 February 2010, Bouygues carried out a €500 million bond issue maturing in 2018, which was given the same credit rating as the group.

On 22 January 2010, Standard & Poor's confirmed its A-/Stable/A-2 rating for Bouygues.

On 17 June 2008, Bouygues carried out a €1 billion bond issue maturing in 2015 which was given the same credit rating. On 17 June 2008, Standard & Poor’s maintained its A-/Stable/A-2 rating for Bouygues.

On 26 April 2006, Bouygues acquired the French government's 21% stake in Alstom, with which it concluded a cooperation agreement. When consulted, Standard & Poor's maintained its credit rating for Bouygues of A- with a stable outlook.

On 23 July 2004, Bouygues announced an exceptional payout of €5 per share. When consulted, Standard & Poor's confirmed that this payout, independently of the disposal of Saur, would not impact its A-/Stable/A-2 rating for Bouygues.

On 25 November 2003, Bouygues carried out a €750 million bond issue maturing in 2011 which was also rated A-/Stable/A-2.

On 27 October 2003, after being informed that Bouygues had raised its stake in Bouygues Telecom, Standard & Poor's confirmed its A-/Stable/A-2 rating for Bouygues.

On 21 May 2003, after examining Bouygues' financial statements for 2002, Standard & Poor's confirmed its long-term rating of A- with a stable outlook and its short-term rating of A-2.

On 17 January 2003, after Bouygues announced the acquisition of E.ON's stake in Bouygues Telecom, Standard & Poor's confirmed its long-term rating of A- with a stable outlook and its short-term rating of A-2.

On 17 April 2002, after Bouygues announced that Bouygues Telecom would submit a bid for a UMTS licence in France, that Bouygues would launch a €750 million bond issue, with the option of increasing it to €1 billion, and that an agreement had been concluded between NTT DoCoMo and Bouygues Telecom to develop i-mode™ on its network, Standard & Poor's maintained its A-/Stable/A-2 rating for Bouygues.

On 14 February 2002, following Bouygues' acquisition of Telecom Italia's share in Bouygues Telecom, Standard & Poor’s maintained its A-/Stable/A-2 rating for Bouygues.

In September 2001, Standard & Poor's gave Bouygues a long-term credit rating of A- with a stable outlook and a short-term credit rating of A-2. An excellent first rating for an industrial company, it has remained unchanged since then, underlining the solidity of Bouygues' financial structure.

Fitch rating

On 28 July 2011, Fitch announced it was no longer providing ratings for Bouygues.

Fitch has provided an unsolicited rating for Bouygues since July 2006.

See press release of 25 July 2006

(Updated: 29 November 2016)