S H O R T-T E R M Short-term debt 4,792 4,949 4,906 5,409 4,541 2 0 1 7 2 0 1 6 2 0 1 5 2 0 1 4 2 0 1 3 Evolut ion of net f inancia l debt m€ 2,000 3,000 4,000 5,000 6,000 Red Eléctrica has been given a long-term credit rating of 'A-' by Standard & Poor's with a stable outlook and a short-term rating of 'A-2'.