Rating change to BBB- by S&P Global Ratings Worldline maintains Investment Grade

The company takes note of the decision, which is driven by a longer than expected deleveraging process. S&P’s perception of Worldline as a solid business remains intact, while the group's liquidity level is classified as "exceptional".

This rating change should have marginal impacts on the company’s financing.

Worldline benefits from ample liquidity resources (€1.2bn cash position and undrawn €1bn RCF as at Jun-23) and faces no short-term maturities as 2024 bonds have already been pro-actively addressed via a new bond issuance in September 2023 and bonds buyback.

Worldline remains committed to maintaining its investment grade rating, strong liquidity, and deleveraging through focus on profitable organic growth and integration.

Forthcoming events

February 28, 2024 - FY 2023 results

Contacts

Investors Relations

Laurent Marie
E : laurent.marie@worldline.com

Guillaume Delaunay
E : guillaume.delaunay@worldline.com

Communication

Sandrine van der Ghinst
E : sandrine.vanderghinst@worldline.com

Hélène Carlander
E : helene.carlander@worldline.com

About Worldline

Worldline [Euronext: WLN] helps businesses of all shapes and sizes to accelerate their growth journey – quickly, simply, and securely. With advanced payments technology, local expertise and solutions customised for hundreds of markets and industries, Worldline powers the growth of over one million businesses around the world. Worldline generated a 4.4 billion euros revenue in 2022. worldline.com

Worldline’s corporate purpose (“raison d’être”) is to design and operate leading digital payment and transactional solutions that enable sustainable economic growth and reinforce trust and security in our societies. Worldline makes them environmentally friendly, widely accessible, and supports social transformation.