Contact Facts & Figures Deutsch Company Divisions Alliances Corporate Responsibility News & Media Investor Relations Career Financial Strategy Investor Relations Financial Strategy The primary objective of Bertelsmann’s financial policy is to achieve a balance between financial security, return on equity and growth. For this, Bertelsmann bases its financing policy on the requirements of a “Baa1/BBB+” credit rating and the associated qualitative and quantitative criteria. Credit ratings and capital market transparency make a considerable contribution to the Group’s financial security and independence. In accordance with the Group structure, the capital allocation is made centrally by Bertelsmann SE & Co. KGaA, which provides the Group companies with liquidity and manages the issuance of guarantees and letters of comfort for them. The Group consists largely of a single financial unit, thereby optimizing capital procurement and investment opportunities. Since 2002, Bertelsmann has had credit ratings from the agencies Moody’s and Standard & Poor’s in the Investment Grade area. Thanks to its good credit rating, Bertelsmann can finance itself on the financial market on reasonable terms. Credit Facilities In addition to available liquidity, the Bertelsmann Group has access to a syndicated loan agreement with 15 banks. This forms the backbone of the strategic credit reserve; Bertelsmann can utilize this with a term until 2024 to draw up to €1.2 billion of revolving funds in euros, US dollars and pounds sterling. Recommend this page Print Recommend this page Capital Market Orientation Financial Targets Credit Rating Maturity Structure FAQ Factsheet Bertelsmann at a Glance (PDF, 201 KB) Services Website Credits Privacy Statement Privacy Settings Sitemap Contact Compliance Contact Bertelsmann SE & Co. KGaA Carl-Bertelsmann-Straße 270 33311 Gütersloh Phone: +49 (0) 5241-80-0 Fax: +49 (0) 5241-80-62321 info@bertelsmann.de More Bertelsmann Bertelsmann Newsletter Bertelsmann Chronicle Career - Create Your Own Career Bertelsmann Network © 2021 Bertelsmann SE & Co. KGaA

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Contact Facts & Figures Deutsch Company Divisions Alliances Corporate Responsibility News & Media Investor Relations Career Investor Relations Investor Relations at Bertelsmann The international media company Bertelsmann operates in the core business fields of media, services and education in around 50 countries worldwide and has attractive business operations with a strong market position. The to some extent diverse nature of its operations leads to a diversification of its commercial and cyclical risks. Bertelsmann pursues conservative financial objectives and is obligated to provide transparent financial disclosure. Recommend this page Contact