Appointment of Credit Rating Agency

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.

 

END

 

 

APPBUGDIBXBDGBR