| Moody's |
|
| Greatest Unsecured |
A3 |
| Short Term |
P2 |
| Outlook |
Review for downgrade |
| Standard & Poors |
|
| International Long Term Issuer |
A- |
| Domestic Long Term Issuer |
A- |
| International Short Term Issuer |
A2 |
| Domestic Short Term Issuer |
A2 |
| Outlook |
Negative Review |
| Fitch |
|
| Greatest Unsecured |
A |
| Short Term |
F2 |
| Outlook |
Negative |
Definitions
| Agencia |
|
| Standard & Poor's |
An obligor rated "A" has strong capacity to meet its financial commitments but is somewhat more susceptible to the adverse effects of changes in circumstances and economic conditions than obligors in higher-rated categories. |
| Moody's |
Bonds and preferred stock which are rated "A" possess many favorable investment attributes and are to be considered as upper-medium-grade obligations. Factors giving security to principal and interest are considered adequate, but elements may be present which suggest a susceptibility to impairment some time in the future. |
| Fitch |
High credit quality. "A" ratings denote a low expectation of credit risk. The capacity for timely payment of financial commitments is considered strong. This capacity may, nevertheless, be more vulnerable to changes in circumstances or in economic conditions than is the case for higher ratings |
Moody's assignes numeric modifiers 1, 2 and 3 to each generic ratings classification from Aa through B. The modifier 1 indicates that the obligation ranks in the higher end of its generic rating category; the modifier 2 indicates a mid-range ranking and the modifier 3 indicates a ranking in the lower end of that generic rating category. Standard & Poor's applies a plus (+) or minus (-) sign in categories AA through CCC to show relative standing within the major rating categories. Fitch applies these same signs from the AAA category.
These credit ratings do not constitute a recommendation to buy, sell or subscribe to the bonds issued by the Company. The credit rating can be revised, cancelled or withdrawn at any time by the ratings agency. The aforementioned credit ratings are only an estimation and should not prevent potential investors in bonds issued by the company from undertaking their own analysis of the Company or the bonds it issues.
Rating history
| Standard & Poor's |
Rating date |
| A- |
Dic-14-07 |
| A |
Sep-06-05 |
| A |
Jul-15-04 |
| A |
Feb-12-03 |
| A |
Dec-11-02 |
| A |
Dec-05-01 |
| A+ |
Feb-02-01 |
| A+ |
Sep-29-00 |
| A+ |
Ago-23-99 |
| AA |
Sep-02-92 |
| AA- |
May-23-91 |
| Moody's |
Rating date |
| A3 |
Sep-06-05 |
| A3 |
Dec-02-04 |
| Baa1 |
Feb-27-03 |
| A2 |
Jan-15-03 |
| A2 |
Jan-31-02 |
| Aa3 |
Jun-22-00 |
| Aa3 |
Jul-13-99 |
| Fitch |
Rating date |
| A |
Oct-10-07 |
| A+ |
Feb-16-06 |
| A |
Sep-06-05 |
| A |
Nov-15-04 |
| A |
Dec-19-03 |
| A |
Oct-07-02 |
| A+ |
Ago-21-02 |
| A+ |
Jun-08-01 |
| AA- |
Feb-06-01 |
| AA- |
Sep-08-99 |
| AA |
Jan-25-99 |
| AA |
Oct-18-96 |
