Alstom announces the suspension of S&P Global Ratings' ratings
23 September 2016 - Alstom has requested S&P Global Ratings to withdraw all of its ratings on the group and to cease rating it going forward. This decision, effective as of today, is made in the context of the stabilisation of the group's financial situation and its strong liquidity in order to reduce its administrative costs. Alstom remains rated by Moody's (Baa2).
About Alstom
As a promoter of sustainable mobility, Alstom develops and markets systems, equipment and services for the railway sector. Alstom manages the widest range of solutions in the market - from high-speed trains to metros and tramways - customised services (maintenance, modernisation,.) and infrastructure and signalling solutions. Alstom is a world leader in integrated railway systems. It recorded sales of €6.9 billion and booked €10.6 billion of orders in the 2015/16 fiscal year. Headquartered in France, Alstom is present in over 60 countries and employs 31,000 people today.
www.alstom.com
Press contacts
Linda Huguet - Tel. + 33 1 57 06 10 42
linda.huguet@alstom.com
Justine Rohée - Tel. + 33 1 57 06 18 81
justine.rohee@alstom.com
Investor relations
Selma Bekhechi - Tel. + 33 1 57 06 95 39
Selma.bekhechi@alstom.com
Julien Minot - Tel. + 33 1 57 06 64 84
Julien.minot@alstom.com
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: ALSTOM SA via Globenewswire