Credit Rating

A credit rating is an assessment of the creditworthiness of an issuer, called the Issuer Rating, or of a financial instrument such as bonds, known as the Instrument Rating.

Since 2002 Bertelsmann has an Issuer Rating from the rating agencies Moody's and Standard & Poor's. Bertelsmann's current ratings are as follows:

Rating agency	Long-term	Short-term	Outlook	Report dated	Analyst	Recent Reports
Moody's	Baa1	P-2	stable	May 2018	Christian Azzi +44 20 7772 5470	Download
Standard & Poor's	BBB+	A-2	stable	June 2018	Florence Devevey +33 1 4075 2501	Download