Credit Rating Report
Volkswagen AG: Rating Report
Autos & Auto SuppliersAvailable Documents
Ratings
VW Credit Canada, Inc.
Date Issued Debt Rated Rating Trend Action Attributes i - US = Lead Analyst based in USA
- CA = Lead Analyst based in Canada
- EU = Lead Analyst based in EU
- UK = Lead Analyst based in UK
- E = EU endorsed
- U = UK endorsed
- Unsolicited Participating With Access
- Unsolicited Participating Without Access
- Unsolicited Non-participating
26-Apr-16 Senior Unsecured Debt (unconditionally guar. by Volkswagen AG) BBB (high) Neg Downgraded CAUE26-Apr-16 Commercial Paper (unconditionally guar. by Volkswagen AG) R-2 (high) Neg Downgraded CAUEMoreLessVolkswagen AG
Date Issued Debt Rated Rating Trend Action Attributes i - US = Lead Analyst based in USA
- CA = Lead Analyst based in Canada
- EU = Lead Analyst based in EU
- UK = Lead Analyst based in UK
- E = EU endorsed
- U = UK endorsed
- Unsolicited Participating With Access
- Unsolicited Participating Without Access
- Unsolicited Non-participating
26-Apr-16 Issuer Rating BBB (high) Neg Downgraded CAUEMoreLessVolkswagen Canada Inc.
Date Issued Debt Rated Rating Trend Action Attributes i - US = Lead Analyst based in USA
- CA = Lead Analyst based in Canada
- EU = Lead Analyst based in EU
- UK = Lead Analyst based in UK
- E = EU endorsed
- U = UK endorsed
- Unsolicited Participating With Access
- Unsolicited Participating Without Access
- Unsolicited Non-participating
26-Apr-16 Senior Unsecured Debt (unconditionally guar. by Volkswagen AG) BBB (high) Neg Downgraded CAE26-Apr-16 Commercial Paper (unconditionally guar. by Volkswagen AG) R-2 (high) Neg Downgraded CAEMoreLess
VW Credit Canada, Inc.
- Date Issued:Apr 26, 2016
- Rating Action:Downgraded
- Ratings:BBB (high)
- Trend:Neg
- Rating Recovery:
- Issued:CAUE
- Date Issued:Apr 26, 2016
- Rating Action:Downgraded
- Ratings:R-2 (high)
- Trend:Neg
- Rating Recovery:
- Issued:CAUE
Volkswagen AG
- Date Issued:Apr 26, 2016
- Rating Action:Downgraded
- Ratings:BBB (high)
- Trend:Neg
- Rating Recovery:
- Issued:CAUE
Volkswagen Canada Inc.
- Date Issued:Apr 26, 2016
- Rating Action:Downgraded
- Ratings:BBB (high)
- Trend:Neg
- Rating Recovery:
- Issued:CAE
- Date Issued:Apr 26, 2016
- Rating Action:Downgraded
- Ratings:R-2 (high)
- Trend:Neg
- Rating Recovery:
- Issued:CAE
- US = Lead Analyst based in USA
- CA = Lead Analyst based in Canada
- EU = Lead Analyst based in EU
- UK = Lead Analyst based in UK
- E = EU endorsed
- U = UK endorsed
- Unsolicited Participating With Access
- Unsolicited Participating Without Access
- Unsolicited Non-participating
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- Robert Streda
Senior Vice President - Corporate Ratings
+(1) 416 597 7397
robert.streda@morningstar.com - Kam Hon
Managing Director, Diversified Industries - Global Corporates
+1 416 597 7543
kam.hon@morningstar.com
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