S&P Global Ratings assigns investment grade rating to Sartorius
Göttingen, Germany, August 29, 2023
- Initial rating for Sartorius: Long-term BBB issuer rating with stable outlook
- S&P Global Ratings highlights Sartorius’ operational strength, financial discipline, and healthy end markets
In its first credit rating, the life science group Sartorius has received a solid investment grade rating. The international rating agency S&P Global Ratings assigned a long-term issuer rating of BBB with a stable outlook. The rating agency particularly acknowledged Sartorius' leading portfolio for life science and biopharma applications, its global reach, strong market fundamentals, and the Sartorius management’s high financial discipline.
"The rating underlines the investment quality of our company and provides a sound basis for the Group's future access to broader capital markets," said Rainer Lehmann, CFO and member of the Executive Board of Sartorius.
This press release contains forward-looking statements about the future development of the Sartorius Group. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such statements. Sartorius assumes no liability for updating such statements in light of new information or future events. This is a translation of the original German-language press release. Sartorius shall not assume any liability for the correctness of this translation. The original German press release is the legally binding version.