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.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
