Credit ratingsMoody’s rating: A3/stable outlook (31 August 2011)
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 BBB+/stable outlook/A-2 rating (30 November 2011)
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.
See press release of 25 July 2006
(Updated: November 2011) |
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