On July 2, 2020, S&P Global assigned a preliminary long-term investment grade rating of BBB with a stable outlook to µÂÖÝÆË¿ËÔÚÏß AG. On August 6, 2020, S&P Global assigned a preliminary long-term investment grade rating of BBB with a stable outlook to SE Global GmbH & Co. KG. After Spin-Off Completion, the preliminary long-term ratings became the long-term issuer credit ratings of µÂÖÝÆË¿ËÔÚÏß AG and SE Global GmbH & Co. KG.
On September 20, 2021, S&P Global assigned the A-2 short-term issuer credit rating to µÂÖÝÆË¿ËÔÚÏß AG, as well as to µÂÖÝÆË¿ËÔÚÏß Global GmbH & Co. KG, which reflects the BBB long-term issuer credit rating.
On March 1, 2022, S&P Global revised the outlook on µÂÖÝÆË¿ËÔÚÏß AG and SE Global GmbH & Co. KG to negative from stable and affirmed the BBB/A-2 long- and short-term ratings.
On March 7, 2023, S&P Global affirmed the short-term and long-term BBB/A-2 rating and negative outlook for µÂÖÝÆË¿ËÔÚÏß AG and SE Global GmbH & Co. KG. On July 10, 2023, S&P Global lowered the long-term and short-term issuer ratings of µÂÖÝÆË¿ËÔÚÏß AG and SE Global GmbH & Co KG to BBB-/A-3 with a stable outlook. On November 30, 2023, S&P Global lowered the long-term and short-term issuer ratings of µÂÖÝÆË¿ËÔÚÏß AG and SE Global GmbH & Co KG to BBB-/A-3 with a negative outlook.
On December 16, 2024, S&P Global revised their outlook to stable from negative and affirmed the 'BBB-' long-term and 'A-3' short-term ratings on µÂÖÝÆË¿ËÔÚÏß, its subsidiaries, and its unsecured debt.Â
On January 29, 2025, S&P Global affirmed the short-term and long-term BBB-/A-3 rating and stable outlook for µÂÖÝÆË¿ËÔÚÏß AG and SE Global GmbH & Co. KG.