Outlooks On Austrian Government-Related Entities Revised To Stable After Same Action On Austria; Affirmed At 'AA+/A-1+'

On Feb. 18, 2025, we revised our outlook on Austria to stable from positive, based on larger-than-projected budget deficits and a more sluggish economic growth outlook. We equalize our ratings on Autobahnen-und Schnellstrassen-Finanzierungs-AG, Erdoel-Lagergesellschaft m.b.H., OeBB-Infrastruktur AG, Oesterreichische Entwicklungsbank AG, and Oesterreichische Kontrollbank AG with the ratings on Austria because we believe these entities benefit from an almost certain likelihood of receiving extraordinary government support in case of financial distress. We therefore revised our outlooks on these five entities to stable from positive. At the same time, we affirmed our 'AA+/A-1+' ratings on these entities. FRANKFURT (S&P Global Ratings) Feb. 18, 2025--S&P Global Ratings today revised its outlooks to stable from positive on the following five Austrian government-related entities (GREs):

...- On Feb. 18, 2025, we revised our outlook on Austria to stable from positive, based on larger-than-projected budget deficits and a more sluggish economic growth outlook. - We equalize our ratings on Autobahnen-und Schnellstrassen-Finanzierungs-AG, Erdoel-Lagergesellschaft m.b.H., OeBB-Infrastruktur AG, Oesterreichische Entwicklungsbank AG, and Oesterreichische Kontrollbank AG with the ratings on Austria because we believe these entities benefit from an almost certain likelihood of receiving extraordinary government support in case of financial distress. - We therefore revised our outlooks on these five entities to stable from positive. At the same time, we affirmed our '##+/A-1+' ratings on these entities. FRANKFURT (S&P Global Ratings) Feb. 18, 2025--S&P Global Ratings today revised its outlooks to stable from positive on the following five Austrian government-related entities (GREs): - Autobahnen-und Schnellstrassen-Finanzierungs-AG (ASFINAG) - Erdoel-Lagergesellschaft m.b.H. (ELG) -...

Ratings Action