Rating

Avinor's Latest Credit Ratings
Avinor has been credit rated by Moody's and Standard & Poor's Global Ratings (S&P) since 2013. The table below summarizes Moody's and S&P's latest credit ratings of Avinor, including a link to the full rep
| Moody's | S&P | |
Date | September 19th 2025 | December 3rd 2025 |
Long term rating | A1 | A+ |
Future prospects | Stable | Stable |
Short term rating | N/A | A-1 |
Up and downgrading since last rating | N/A | Upgrade |
Link to last report | ||
EUR 500 million issue due 2034 (XS2825539617) | A1 | N/A |
NOK 1000 million issue due 2031 (NO0010881238) | A1 | N/A |
EUR 500 million issue due 2030 (XS2239067379) | A1 | A |
EUR 500 million issue due in 2027 (XS1562601424) | A1 | N/A |
NOK 1000 million issue due 2026 (NO0010881246) | A1 | N/A |
Avinor’s historical credit ratings – Published February 20, 2025
Rating archive: Standard & Poor's
Rating: Avinor
Research Update Standard & Poor`s January 03, 2025
Annual Review Standard & Poor's September 12, 2024
Annual Review Standard & Poor's October 12, 2023
Annual Review Standard & Poor's September 12, 2022
Research Update Standard & Poor's February 4, 2022
Rating actions Standard & Poor's July 14, 2020
Research Update Standard & Poor's November 22, 2019
Research Update Standard & Poor's September 28, 2018
Rating: EMTN program
Rating: Bond issue
Rating archive: Moody's
Rating: Avinor
Rating: EMTN-program
Rating: Bond issue
ESG risk rating
ESG Risk Rating
MSCI Provisional ESG Ratings Avinor 2025 - PDF
Supporting documents ESG risk rating
Biodiversity and land use
Avinor – Climate Adaptation Emergency Preparedness Project - PDF
Avinor – Approval Letter for Short-term Goal – STB - PDF
ISO 14001 Certificate for Avinor Airports - PDF
Avinor Climate and Environment Policy - PDF
Avinor Climate and Environment Strategy- PDF
Bird Monitoring Report for New Bodø Airport - PDF
Avinor Ethics, Social Responsibility and Diversity - PDF
Appendix Climate and Environment - PDF
Nature Grant for New Bodø Airport – Website Front Page - PDF
Community Relations
Compliance Program - PDF
Procurement and Purchases – Agreement on Responsible Business Conduct - PDF
Anti-Corruption Program - PDF
The Compliance Program - The Process - PDF
Ethics, Social Responsibility, Diversity - PDF
Procedure Whistleblowing - PDF
Process for Developing Audit Plan- PDF
Sponsorship Strategy- PDF
Corporate behavior
Compliance program - PDF
Acquisitions and Procurement – Agreement on Responsible Business Conduct - PDF
Anti-Corruption Program - PDF
Compliance Program – The Process - PDF
Whistleblowing and Objectionable Conditions Procedure - PDF
Ethics, Social Responsibility, Diversity - PDF
Management and Competence – Ethical Guidelines - PDF
Process for Developing Audit Plan - PDF