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Ericsson Global
Rating 
Rating strategy
Ericsson is subject to solicited credit ratings by Moody's and Standard & Poor's.

Ericsson consider an investment grade credit rating key for financial flexibility by securing consistent access to the debt capital market at attractive terms & conditions, thereby reducing refinancing risk and enabling swift implementation of strategic decisions.

Ericsson actively manages the relationships with the agencies providing regular updates and meetings for a close and open dialogue.
Present rating
The present rating and outlook from Moody's and Standard and Poor's are shown below:
 
Standard & Poor's
Moody's
Corporate Credit RatingBBB+Baa1
OutlookNegativeStable
Last rating actionNov 27, 2007
– Outlook changed from stable to negative
May 14, 2007
– Rating upgraded from Baa2 stable
Press releases on ratings
Moody´s
Rating changePress release (pdf)
A1 
A32001-04-26
Baa12001-10-26
Baa22002-02-18
Baa32002-06-17
Ba12002-07-26
Ba22002-09-12
B12003-02-17
Ba22004-08-10
Ba12005-03-01
Baa32005-04-11
Baa22006-06-27
Baa12007-05-14
Standard & Poor's
Rating change Press release (pdf)
A+  
A 2001-01-30
A- 2001-05-14
BBB+ 2001-11-13
BBB 2002-05-16
BBB- 2002-07-22
BB+ 2002-08-01
BB 2002-11-07
BB+ 2004-11-10
BBB- 2005-02-28
BBB- 2005-10-26
BBB+ 2007-06-15
BBB+ 2007-11-27
Rating history

 
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