Credit Rating

Sodexo regularly meets its four rating agencies.

Agency	Entity	Date	Short term rating	Long term rating	Outlook	Report
Fitch	Sodexo SA	31 May 2024	None	BBB+	Stable	Access the report
Moody's	Sodexo SA	8 February 2024	None	Baa1	Negative	Access the report
S&P	Sodexo SA	22 March 2024	A-2	BBB+	Stable	Access the report
S&P	Sodexo Finance DAC	22 March 2024	A-2	BBB+	Stable	Access the report
Ethifinance	Sodexo Finance DAC	27 November 2023	EF1	NA	NA	Access the report

 

Since Sodexo was initially rated by S&P in March 22 1995, Sodexo long term rating was stable at BBB+ up to January 2014 when it was upgraded to A-. The recent Covid 19 crisis has impacted Sodexo’s S&P rating with a downgrade back to BBB+ in April 2021.

In April 2021, Sodexo attained its first Moody’s rating of Baa1.

In July 2023, Sodexo attained its first Fitch rating of BBB+.

 

Sodexo’s financing vehicle, Sodexo Finance DAC

Sodexo Finance DAC is wholly owned by Sodexo SA, based in Dublin and became an internal financial holding in 2017. It is the primary internal financing vehicle for intercompany structures, cash pooling and cash management and also issues commercial papers guaranteed by Sodexo SA.