Investor relations
Rating
Rating
According to the definition the credit rating is an assessment of the risk, which determines an ability of the entity, such as the country, city, local government, company or bank, to service debt incurred through the issue of debt securities. In short – it is an assessment of default risk. It is a kind of condensed information about the financial and economic assessment of the entity, read by the market on the basis of a scale specific to the rating agency.
ORLEN is currently rated by two specialized independent rating agencies:
|
Fitch | Moody's |
|---|---|---|
| Local-Currency Long-Term Issuer Default Rating | BBB+ | A3 |
| Foreign-Currency Long-Term Issuer Default Rating | BBB+ | - |
| Local-Currency Senior Unsecured Rating | BBB+ | - |
| Foreign-Currency Senior Unsecured Rating | BBB+ | A3 |
| National Long-Term Rating | AA+(pol) | - |
| Outlook | Stable | Stable |
| Date of rating assignment | 7 January 2002 | 18 July 2007 |
| Date of the latest rating change | 9 November 2022 | 27 October 2022 |
| Date of the latest rating review | 3 March 2025 | 20 May 2024 |
Currently ORLEN’s rating is at investment level. Ratings awarded by Moody’s and Fitch rating agencies are A3 (Outlook Stable) and BBB+ / AA+(pol) (Outlook Stable) respectively, which indicates the company's strong and stable position.