Debt & credit rating
Amadeus' long term financial strategy pursues the following objectives:
Optimize cost of financing
Diversify funding sources
Increase flexibility
Extend the maturity profile of our debt
Overview of Amadeus' debt structure
Description Amount Maturity Comments Bonds €500m Sep 2026 Bullet in September 2026 €500m May 2027 Bullet in May 2027 €500m Sep 2028 Bullet in September 2028.(Previously 750m , early redemption 250m in September 2022) €500m Mar 2029 Bullet in March 2029 €500m Mar 2030 Bullet in March 2030 EIB European Investment Bank €200m June 2027
Senior loan of €200m to finance R&D investment bullet payment at maturity. European Investment Bank €250m June 2031
Senior loan of €250m to finance R&D investment from June 2023 , with maturity expected expected €150m in 2030 and €100m in 2031. ECP European Commercial Paper €200m Max 364 days Short term financing facility Revolving Credit Facilities
Revolving(1) €1000m Jan 2028 Available liquidity to cover working capital needs and other renewed and maturity extended to January 2028.
Debt maturity profile as of September 30, 2025 (€m)
Credit rating
See below, Standard & Poor's and Moody's latest rating and perspective.
We are committed to support an investment grade rating. Standard & Poor’s Moody’s Last update May, 2024 Mar, 2025 Short-term Rating A-2 P-2 Long-term Rating BBB Baa2 Outlook Stable Stable
Quick links