We’re creating a more connected travel industry, underpinned by sustainability and long-term investor relations.
Director Group Treasury & Corporate Finance, Amadeus IT Group
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 theMoody’s website.
This encouraging news follows Standard & Poor’s, another credit ratings agency, recently alsoupgrading its Amadeus rating.
To learn more about our company’s financial strategy and debt structure, please visit ourInvestor Relations website.