Credit Rating

S&P Rating - BBB with stable outlook

On July 2, 2020, S&P Global assigned a preliminary long-term investment grade rating of BBB with a stable outlook to Siemens Energy AG.                                            On August 6, 2020, S&P Global assigned a preliminary long-term investment grade rating of BBB with a stable outlook to SE Global GmbH & Co. KG. After Spin-Off Completion, the preliminary long-term ratings became the long-term issuer credit ratings of Siemens Energy AG and SE Global GmbH & Co. KG.

Rated Entity

Preliminary Long-Term Rating

Outlook

Date of Assessment

Siemens Energy AG

BBB

Stable

Jul 2, 2020

SE Global GmbH & Co. KG

BBB

Stable

Aug 6, 2020