Credit Rating Report

Novartis AG & Novartis Finance S.A.: Credit Rating Report

Consumers

Summary

On 12 December 2024, DBRS Ratings Limited (Morningstar DBRS) confirmed its AA (low) Issuer Ratings on Novartis AG and Novartis Finance S.A. (NFSA). The trends on both credit ratings are Stable.

Ratings

  • US = Lead Analyst based in USA
  • CA = Lead Analyst based in Canada
  • EU = Lead Analyst based in EU
  • UK = Lead Analyst based in UK
  • E = EU endorsed
  • U = UK endorsed
  • Unsolicited Participating With Access
  • Unsolicited Participating Without Access
  • Unsolicited Non-participating