Credit Rating Report

Lyon, City of: Rating Report

Sub-Sovereign Governments

Summary

On 29 September 2023, DBRS Ratings GmbH (DBRS Morningstar) confirmed the City of Lyon’s Long-Term Issuer Rating at AA (high) and its Short-Term Issuer Rating at R-1 (high). At the same time, DBRS Morningstar confirmed the City of Lyon’s AA (high) Rating of the EUR 500 million Euro Medium Term Note Programme (EMTN Programme) and its R-1 (high) Rating of the EUR 150 million Negotiable European Commercial Paper Programme (NEU CP Programme). The trend on all ratings remains Stable.

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