S&P Downgrades ASX Credit Rating to AA- to A+

Thu, 16 Apr 2026 05:14:56 +0000
Securities

S&P Global Ratings has downgraded ASX Limited's long-term issuer credit rating from AA- to A+ with a stable outlook. The downgrade follows a December 2025 revision of ASX's outlook from stable to negative, with S&P citing findings from the ASIC Inquiry's final report as contributing to the action. ASIC has imposed an additional $150 million capital charge on ASX until milestones in the Accelerate Program are achieved. ASX states this rating action does not affect its capital, liquidity, or funding position.