S&P Global Ratings assigns a BBB / Stable rating to Worldline
Bezons, September 4th, 2019 - Worldline (Euronext Paris: FR0011981968), the European leader in the payment and transactional services industry announces it has been assigned a BBB long-term issuer credit rating with a stable outlook by S&P Global Ratings.
Thierry Guermann, Primary Credit Analyst at S&P Global Ratings: “Worldline has established a solid position in Europe's payment market. It generates a high proportion of recurrent revenues and strong cash flow, shows good diversification and has sound growth opportunities. ”
Eric Heurtaux, Chief Financial Officer of Worldline: “This rating represents an important landmark in Worldline’s history and sets solid grounds for future corporate developments. It also reflects Worldline’s strong credit profile and follows the successful €600 million inaugural convertible bond issuance end of July 2019.”
Sandrine van der Ghinst
Worldline [Euronext: WLN] is the European leader in the payment and transactional services industry. With innovation at the core of its DNA, Worldline’s core offerings include Pan-European and domestic Commercial Acquiring for physical or online businesses, secured payment transaction processing for banks and financial institutions, as well as transactional services in e-Ticketing and for local and central public agencies. Thanks to a presence in 30+ countries, Worldline is the payment partner of choice for merchants, banks, public transport operators, government agencies and industrial companies, delivering cutting-edge digital services. Worldline’s activities are organized around three axes: Merchant Services, Financial Services including equensWorldline and Mobility & e-Transactional Services. Worldline employs circa 11,000 people worldwide, with 2018 pro forma revenue of 2.2 billion euros. worldline.com