IFFEd’s top tier credit rating reaffirmed by Moody’s and S&P

In October, S&P Global Ratings re-affirmed IFFEd’s AA+ long-term issuer credit rating with a stable outlook, confirming the organisation’s continued financial robustness and strong governance. This followed Moody’s Investors Service reaffirming its Aaa rating earlier in the season – the highest possible rating on its scale.

Together, these ratings underscore IFFEd’s standing as a highly credible and trusted partner for investors, donors and multilateral development banks. They reflect the Facility’s sound financial structure, prudent risk management, and strong capital backing from its participating governments and institutions.

“Maintaining these ratings at such a high level is a significant endorsement of IFFEd’s model and the confidence our partners place in us,” said Nick Vaughan, Head of Finance of IFFEd. “It reinforces our ability to mobilise affordable finance for education and deliver impact at scale.”

IFFEd’s creditworthiness is central to its innovative approach – using donor grants and guarantees to unlock large-scale, concessional finance for education in low-and-middle-income countries. With its Aaa/AA+ profile reaffirmed, IFFEd remains well positioned to expand its partnerships with multilateral development banks and accelerate delivery of its education investments.