Credit Profile
Credit Ratings
Credit ratings and outlooks are opinions subject to ongoing review by the rating agencies and may change from time to time based on Atlantica Sustainable Infrastructure’s financial performance, industry dynamics, and other factors.
| Agency | Rating | Outlook | Last Review |
|---|---|---|---|
| Standard & Poor’s | BB+ | Stable | April 16, 2021 |
| Fitch Ratings | BB+ | Stable | March 31, 2021 |
Corporate Debt as of September 30, 2021.
| US $ in millions1 | Maturity | Amounts2 | |
|---|---|---|---|
| Credit Facilities | (RCF)3 (Other facilities)4 | 2023 2021 – 2025 | 13.6 26.7 |
| Green Exchangeable Bond5 | 2025 | 104.0 | |
| Green Senior Secured Notes6 | (€ denominated) | 2026 | 333.0 |
| 2020 NIFA7 | (€ denominated) | 2027 | 158.6 |
| Green Senior Notes8 | 2028 | 394.2 | |
| Total | 1,030.1 |
(1) Exchange rates as of September 30, 2021 (EUR/USD = 1.1580).
(2) Amounts include principal amounts outstanding, unless stated otherwise.
(3) As of September 30, 2021, letters of credit with face value in an amount equal to $10 million were outstanding and $426 million were available under the RCF. Total RCF limit of $450 million.
(4) Other facilities include the commercial paper program, accrued interest payable and other debts.
(5) Senior unsecured notes dated July 17, 2020, exchangeable into ordinary shares of Atlantica, cash, or a combination of both, at Atlantica´s election.
(6) Senior secured notes dated April 1, 2020, of €290 million.
(7) 2020 NIFA refers to the senior unsecured note facility dated July 8, 2020, of €140 million.
(8) Green Senior Unsecured Notes dated May 18, 2021, of $400 million.