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 | October 1st 2026 | 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 |
EUR 500 millioner, forfaller 2036 (XS3401046928) | 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
Credit Opinion from Moody's October 1st 2026.pdf
Credit Opinion from Moody's September 19th 2025.pdf
Credit Opinion Update from Moody's August 22, 2023
Credit Opinion from Moody's December 20, 2022
Moody's affirms rating November 4, 2022
Credit Opinion from Moody's December 22, 2021
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