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      Instrument data
      Issuer
      ALLIANDER NV
      Senority
      Subordinated Unsecured
      Currency
      EUR
      ISIN
      XS2829852842
      Coupon percent
      4.5%
      Coupon type
      Variable: Step Up/Step Down
      Instrument volume
      500,000,000
      -
      A- Outlook: None
      A- Outlook: None
      Latest change
      Affirmed
      19/12/2025
      General information
      Rating
      Public
      Solicited
      With issuer participation
      UK endorsed
      EU Rated
      Marlen Shokhitbayev Lead analyst
      Philipp Wass Committee chair
      Scope affirms and publishes Alliander’s A+/Stable issuer rating

      19/12/2025 Rating announcement EN

      Scope affirms and publishes Alliander’s A+/Stable issuer rating

      The rating is supported by a very strong business risk profile and the company’s status as a government-related entity, while the relatively weak financial risk profile is a constraint.

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