Credit Ratings

Rating agencies Type of Debt Rating Credit Watch Outlook
Standard & Poor’s Issuer Credit Rating CCC+   Negative
  €500m senior secured Notes due 2022 ('Fleet Bond') CCC+    
Fleet Securitization ('SARF') rated under dedicated methodology: BBB ('sf')      
Moody’s Corporate Family Rating (CFR) Caa2   Negative
  €500m senior secured Notes due 2022 ('Fleet Bond') Caa1    

 


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