Correct: Fitch Downgrades Reed Elsevier to 'BBB+'; Outlook Stable

April 9, 2015 4:35 PM

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(The following statement was released by the rating agency) LONDON, April 09 (Fitch) This announcement corrects the version published on 2 April 2015 to include the Elsevier Finance SA senior unsecured notes issued by ELM BV as well as by Aquarius + Investments PLC.

Fitch Ratings has downgraded Reed Elsevier PLC's and Reed Elsevier NV's (together, Reed) Long-term Issuer Default Ratings (IDR) to 'BBB+' from 'A-'. The Outlook is Stable. A full list of rating actions is available below. Reed's core business portfolio continues to perform strongly and in line with ...

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