On 7th March 2012 Heineken N.V. was assigned solid investment grade credit ratings by Moody’s Investor Service and Standard & Poor’s. Both long-term credit ratings, Baa1 and BBB+, respectively, have ‘stable’ outlooks as at 30th June 2015. The ratings reflect HEINEKEN’s excellent geographic spread of profits and cash flows, its leading positions in beer markets across the world and its well-balanced growth strategy.
These ratings are assigned as well to HEINEKEN’s European Medium Term Note (EMTN) Programme that has been published on the website of the Luxembourg Commission de Surveillance du Secteur Financier (CSSF).