EADS-NV is assigned an A2 rating from Moody's
Amsterdam, 08 March 2001
EADS European Aeronautics Defence and Space Company welcomes its A2 long term credit rating issued by Moody's.
Philippe Camus and Rainer Hertrich, CEOs of EADS, stated: "We are extremely pleased about this new rating. Following the rating of Standard & Poors, which we received in January 2001, this new rating by Moody's is another vote of confidence confirming the strong financial structure of the company and its ability to achieve successfully its integration. It also confirms the EADS potential of value creation. The rating confirms our strong balance sheet and shows our financial capacity to develop major projects such as the A380. It also proves a very sound capital structure which enables us to react on opportunities for acquisitions."
EADS is the first European aeronautic, defence and space company and the leader in major European programmes such as Airbus, Eurofighter and Ariane with a strong access to the European defence markets.
Contact:
Eckhard Zanger
EADS Communications Finance
Tel. +49 89 607 27961
