Societe des grands projets: Credit Rating Report

DBRS Ratings GmbH (Morningstar DBRS) assigned a Long-Term Issuer Rating of AA (high) and a Short-Term Issuer Rating of R-1 (high) to Societe des grands projets. Morningstar DBRS also assigned a Long-Term Rating of AA (high) to Societe des grands projets' EUR 32.5 billion Green Euro Medium Term Note Programme (EMTN) program and a Short-Term Rating of R-1 (high) to its EUR 3 billion NEU CP program. The trend on the Long-Term Ratings is Negative. The trend on all Short-Term Ratings is Stable.