The rating agency S&P Global Ratings (S&P) currently rates Infineon’s long-term issuer credit ‘BBB’ and has placed Infineon, after the announcement of the acquisition of Cypress Semiconductor, on ‘CreditWatch’ with negative outlook.
|Rating Agency||Long term||Short term||Outlook||Last update|
|S&P Global Rating||BBB||---||Credit Watch negative
At present this puts Infineon in the best S&P rating category achieved by a European semiconductor manufacturer.
The following Corporate Bonds have received “BBB” rating by S&P Global Rating:
- EUR 300m Corporate Bond due 2018
- EUR 500m Corporate Bond due 2022