Company Announcements

Appointment of Credit Rating Agency

Source: RNS
RNS Number : 9444I
Pearson PLC
17 August 2021

Appointment of Credit Rating Agency


Pearson plc ("Pearson") gives notice that Fitch Ratings Limited announced earlier today that it has assigned First-Time Long-Term Issuer Default Rating ("IDR") of 'BBB-' (stable outlook) to Pearson and Pearson Funding plc (the "Issuer") and to the following bonds, which were issued by the Issuer and are guaranteed by Pearson:

·     £350,000,000 3.750% Guaranteed Notes due 2030 (XS2044910466), all of which are outstanding

·     EUR 500,000,000 1.375% Guaranteed Notes due 2025 (XS1228153661, all of which are outstanding

·  U.S.$500,000,000 3.250% Guaranteed Notes due 2023 (USG6964RAA26 / US70501VAA61), of which U.S.$94,176,000 are outstanding; and

·  U.S.$500,000,000 3.750% Guaranteed Notes due 2022 (USG6964QAA43 / US705011AA25), of which U.S.$117,273,000 are outstanding.


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