Press Releases

Rating agency S&P confirms investment grade rating for future METRO

06/26/2017

  • Preliminary rating for the future METRO Wholesale and Food specialist "BBB- / A-3" and stable outlook finally confirmed
  • Exchange listing of the shares of the new METRO AG expected by Mid-July 2017

The international rating agency Standard & Poor's (S&P) has confirmed an investment grade rating for the future METRO Wholesale and Food specialist and has set the previously preliminary rating of BBB- / A-3 with a stable outlook from last December to final, following the positive decision by the Higher Regional Court of Düsseldorf (Oberlandesgericht). Following the decision of 22 June 2017 by the Higher Regional Court of Düsseldorf (Oberlandesgericht), METRO GROUP is confident that it will be able to implement the demerger into two strong, successful and strategically focused stock listed companies as planned. It is anticipated that, in the middle of July, a wholesale and food specialist with the company brand METRO and a company with the corporate brand CECONOMY, aimed at Consumer Electronics, are to be created with the coming into effect of the demerger.

For further information, please see the attached press release.