Piaggio's official rating was assigned by two of the largest specialized rating agencies, Standard and Poor’s and Moody’s Investor Service, in the sub-investment grade category.
Standard & Poor's
Corporate | BB- |
---|---|
Outlook | Positive |
Date of assignment | 25 September 2023 |
Moody's
Corporate | Ba3 |
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Outlook | Stable |
Date of assignment | 25 September 2023 |
Historical ratings
Comparison of the Standard & Poor’s and Moody’s ratings
INVESTMENT GRADE | NON INVESTMENT GRADE | ||
---|---|---|---|
S&P | MOODY’S | S&P | MOODY’S |
AAA | Aaa | BB+ | Ba1 |
AA+ | Aa1 | BB | Ba2 |
AA | Aa2 | BB- | Ba3 |
AA- | Aa3 | B+ | B1 |
A+ | A1 | B | B2 |
A | A2 | B- | B3 |
A- | A3 | CCC+ | Caa1 |
BBB+ | Baa1 | CCC | Caa2 |
BBB | Baa2 | CCC- | Caa3 |
BBB- | Baa3 | CC | Ca |
C | C | ||
D |
WARNING
Ratings do not represent advice to buy, sell or hold Piaggio Group financial instruments of any nature. Since the ratings above can be subject to change, replacement, suspension or withdrawal, the website visitor is required to check the long term rating, short term rating and current outlook.