SES Obtains BBB Credit Rating by Fitch

SES S.A. announced today that Fitch Ratings assigned a Long-Term Issuer Default Rating and senior unsecured rating of 'BBB' with a stable outlook.  Fitch has also assigned SES's subordinated hybrid securities a rating of 'BB+'. The rating, according to Fitch, reflects SES's leading position in the global satellite sector, strong underlying free cash flow and financial flexibility. Consistent with the group's policy to attain, and retain a credit rating from at least two rating agencies, S…

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Source: webwire.com
SES Obtains BBB Credit Rating by Fitch