Credit rating

In March 2020 , Standard &Poor's has placed its rating on "CreditWatch negative". After the TravelClick acquisition announcement Moody's issued a note maintaing their rating for that moment and in November 2019, issued a note confirming its rating and perpspective.

Last updateMarch, 2020November, 2019
Short-term RatingA-2--
Long-term RatingBBBBaa2
Outlook NegativeStable



It shall be noted that these ratings can be revised, suspended or removed by the respective rating agency at any time.

We are committed to support an investment grade rating.




Communication by rating agencies