Moody’s rates Wendel Baa2

Moody's Investors Service said it assigned a long-term issuer rating of Baa2 to Wendel SE, the parent company of the Wendel group.

The agency also assigned a P-2 short term issuer rating to Wendel.

The outlook is stable.

Moody’s said the issuer rating reflects the company's consistent and prudent investment strategy as well as its conservative financial policy as exemplified by a very low point-in-time market value leverage and a commitment to maintain a low market value leverage through market cycles.

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