Fitch Affirms Bertelsmann at 'BBB+'; Outlook Stable



(The following statement was released by the rating agency)
LONDON, December 20 (Fitch) Fitch Ratings has affirmed
Germany-based Bertelsmann
SE & Co KGaA’s Long-Term Issuer Default Rating (IDR) and senior
unsecured
ratings at ‘BBB+’; its Short-Term IDR is affirmed at ‘F2’. The
Outlook is
Stable.
Bertelsmann’s ratings are anchored by its 75% ownership of
leading pan-European
commercial TV broadcaster, RTL and supported by a profitable
core business
portfolio. A conservative and stable divide



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