Standard & Poor’s

RatingCommercial PaperSenior UnsecuredSenior SubordinatedOutlook
Volkswagen Financial Services AGA-2BBB+N.A.stable
Volkswagen Bank GmbHA-2A-BBB+ negative
RatingNordic Regional ScaleLong-termOutlook
Volkswagen Finans Sverige ABK-1N.A./

Moody’s Investors Service

RatingIssuerCommercial PaperSenior UnsecuredOutlook
Volkswagen Financial Services AGA3P-2A3negative
Volkswagen Bank GmbHA3 P-1A3negative

Below you will find rating information about Volkswagen Financial Services AG. For ratings of Volkswagen AG please use the following link: