Adidas to bring its A game to bond markets

Adidas_store_Adobe_16Apr20_575x375
By Burhan Khadbai
07 Aug 2020

Adidas, the German sportswear giant, is looking to become a more regular borrower in the bond markets after receiving its first ever set of credit ratings on Thursday.

Moody's has given the company an A2 rating while S&P scored it an A. Both agencies gave those scores a stable outlook.

“The investment grade ratings are testimony to our track record in delivering strong financial results,” said Harm Ohlmeyer, the chief financial officer of Adidas, in a ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial