Debt and credit rating
SAS is rated by three credit-rating agencies: Moody’s, Standard & Poor’s and the Japanese agency, Rating and Investment Information Inc (R&I).
Current credit ratings
|Credit rating institute||Corporate credit rating||Outlook|
|Moody’s||Caa1||Rating under review|
|Rating and Investment Information||B+||With View to Downgrading|
|Standard & Poor’s||CCC||Negative|
To ensure access to a broad base of financing sources, it is a goal for SAS to maintain a level of indebtedness that over the long term permits SAS to be viewed as an attractive borrower. In support of this goal, SAS has established financial targets that can be viewed here.
The diagram above shows planned amortization of SAS’ interest-bearing liabilities.