Adidas Sees Moody’s Complete Review
The ratings agency said that Adidas’ A2 credit rating is supported by its long track record and leading position in the global sportswear industry, after completing a periodic review. It first issued the rating last spring, when the Big a secured a €3 billion loan facility from a consortium of government backed and private lenders, to ensure liquidity through the pandemic. Moody’s touted Adidas’ strong ... Log in to view full article.