We are pleased to announce that today Moody’s Investors Service, the provider of credit ratings for investors, has given an upgrade to Amadeus.
Moody’s has raised to ‘Baa2’ (up from ‘Baa3’) our long-term issuer and senior unsecured ratings, whilst maintaining a stable outlook for Amadeus.
Our strong underlying operating performance, resulting in continuous debt reduction and improvement in cash flow, was specifically acknowledged – along with emphasising the growing importance of our IT Solutions offering.
Full details of the decision can be found on the Moody’s website.
This encouraging news follows Standard & Poor’s, another credit ratings agency, recently also upgrading its Amadeus rating.
To learn more about our company’s financial strategy and debt structure, please visit our Investor Relations website.