Credit ratings – RELX - Information-based analytics and decision tools

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with shareholders</span></a></li><li id="mobi-nav-internal-controls-level3" class="level3"><a href="/investors/corporate-governance/internal-controls"><span>Internal controls</span></a></li><li id="mobi-nav-tax-principles-level3" class="level3"><a href="/investors/corporate-governance/tax-principles"><span>Tax principles</span></a></li><li id="mobi-nav-articles-of-association-level3" class="level3 last"><a href="/investors/corporate-governance/articles-of-association"><span>Articles of association</span></a></li> </ul></li><li id="mobi-nav-debt-investors-level2" class="level2 selected haschildren last"><a href="/investors/debt-investors/funding-strategy"><span>Debt investors</span></a><ul id="mobi-section-debt-investors-level3"> <li id="mobi-nav-funding-strategy-level3" class="level3 first"><a href="/investors/debt-investors/funding-strategy"><span>Funding strategy</span></a></li><li id="mobi-nav-issuing-companies-and-guarantors-level3" class="level3"><a href="/investors/debt-investors/issuing-companies-and-guarantors"><span>Issuing companies and guarantor</span></a></li><li id="mobi-nav-term-debt-level3" class="level3"><a href="/investors/debt-investors/term-debt"><span>Term debt</span></a></li><li id="mobi-nav-maturity-profile-level3" class="level3"><a href="/investors/debt-investors/maturity-profile"><span>Maturity profile</span></a></li><li id="mobi-nav-capital-structure-level3" class="level3"><a href="/investors/debt-investors/capital-structure"><span>Capital structure</span></a></li><li id="mobi-nav-commercial-paper-level3" class="level3"><a href="/investors/debt-investors/commercial-paper"><span>Commercial paper</span></a></li><li id="mobi-nav-back-up-facilities-level3" class="level3"><a href="/investors/debt-investors/back-up-facilities"><span>Back up facilities</span></a></li><li id="mobi-nav-credit-ratings-level3" class="level3 current"><a href="/investors/debt-investors/credit-ratings"><span>Credit ratings</span></a></li><li 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href="/corporate-responsibility/being-a-responsible-business/governance"><span>Governance</span></a></li><li id="mobi-nav-people-level3" class="level3"><a href="/corporate-responsibility/being-a-responsible-business/people"><span>People</span></a></li><li id="mobi-nav-customers-level3" class="level3"><a href="/corporate-responsibility/being-a-responsible-business/customers"><span>Customers</span></a></li><li id="mobi-nav-community-level3" class="level3"><a href="/corporate-responsibility/being-a-responsible-business/community"><span>Community</span></a></li><li id="mobi-nav-supply-chain-level3" class="level3"><a href="/corporate-responsibility/being-a-responsible-business/supply-chain"><span>Supply chain</span></a></li><li id="mobi-nav-environment-level3" class="level3 last"><a href="/corporate-responsibility/being-a-responsible-business/environment"><span>Environment</span></a></li> </ul></li><li id="mobi-nav-engaging-others-level2" class="level2 haschildren last"><a href="/corporate-responsibility/engaging-others/cr-news-and-viewpoints"><span>Engaging others</span></a><ul id="mobi-section-engaging-others-level3"> <li id="mobi-nav-cr-news-and-viewpoints-level3" class="level3 first"><a href="/our-business/perspectives/collections/our-world"><span>CR news & viewpoints</span></a></li><li id="mobi-nav-policies-and-downloads-level3" class="level3"><a href="/corporate-responsibility/engaging-others/policies-and-downloads"><span>Policies & downloads</span></a></li><li id="mobi-nav-working-with-the-un-level3" class="level3"><a href="/corporate-responsibility/engaging-others/working-with-the-un"><span>Working with the UN</span></a></li><li id="mobi-nav-relx-group-environmental-challenge-level3" class="level3"><a href="/corporate-responsibility/engaging-others/relx-group-environmental-challenge"><span>RELX Environmental Challenge</span></a></li><li id="mobi-nav-recognition-level3" class="level3"><a href="/corporate-responsibility/engaging-others/recognition"><span>Recognition</span></a></li><li id="mobi-nav-sdg-resource-centre-level3" class="level3"><a target="_blank" href="https://sdgresources.relx.com"><span>SDG Resource Centre</span></a></li><li id="mobi-nav-modern-slavery-act-statement-level3" class="level3 last"><a target="_blank" href="https://www.relx.com/~/media/Files/R/RELX-Group/documents/responsibility/relx-slavery-statement-2024.pdf"><span>Modern Slavery Act Statement</span></a></li> </ul></li> </ul></li><li id="mobi-nav-careers-level1" class="level1 haschildren"><a href="/careers"><span>Careers</span></a><ul id="mobi-section-careers-level2"> <li id="mobi-nav-why-relx-level2" class="level2 first"><a href="/careers/why-relx"><span>Why RELX?</span></a></li><li id="mobi-nav-experienced-professional-level2" class="level2"><a href="/careers/experienced-professional"><span>Experienced professionals</span></a></li><li id="mobi-nav-graduates-and-early-careers-level2" class="level2"><a href="/careers/graduates-and-early-careers"><span>Graduates and early careers</span></a></li><li id="mobi-nav-join-us-level2" class="level2"><a href="/careers/join-us"><span>Join us</span></a></li><li id="mobi-nav-meet-our-people-level2" class="level2 last"><a href="/careers/meet-our-people"><span>Meet our people</span></a></li> </ul></li><li id="mobi-nav-media-level1" class="level1 haschildren last"><a href="/media"><span>Media</span></a><ul id="mobi-section-media-level2"> <li id="mobi-nav-press-releases-level2" class="level2 first"><a href="/media/press-releases/year-2024"><span>Press releases</span></a></li><li id="mobi-nav-recent-media-coverage-level2" class="level2"><a href="/media/recent-media-coverage"><span>Recent Media Coverage</span></a></li><li id="mobi-nav-press-kit-level2" class="level2"><a href="/media/press-kit"><span>Press kit</span></a></li><li id="mobi-nav-video-gallery-level2" class="level2"><a href="/media/video-gallery"><span>Video 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href="/investors/corporate-governance/board-of-directors"><span>Board of Directors</span></a></li><li id="hidden-nav-board-committees-level2" class="level2"><a href="/our-business/board-committees/audit-committee"><span>Board Committees</span></a></li><li id="hidden-nav-business-leaders-level2" class="level2 last"><a href="/our-business/business-leaders"><span>Business leaders</span></a></li> </ul></li><li id="hidden-nav-investors-level1" class="level1 selected haschildren"><a href="/investors/investor-overview"><span>Investors</span></a><ul id="hidden-section-investors-level2"> <li id="hidden-nav-investor-overview-level2" class="level2 first"><a href="/investors/investor-overview"><span>Investor overview</span></a></li><li id="hidden-nav-investor-presentations-level2" class="level2"><a href="/investors/investor-presentations/2024"><span>Investor presentations</span></a></li><li id="hidden-nav-shareholder-information-level2" class="level2 haschildren"><a href="/investors/shareholder-information"><span>Shareholder information</span></a><ul id="hidden-section-shareholder-information-level3"> <li id="hidden-nav-dividend-information-level3" class="level3 first"><a href="/investors/shareholder-information/dividend-information"><span>Dividend information</span></a></li><li id="hidden-nav-relx-plc-ordinary-shareholders-level3" class="level3"><a href="/investors/shareholder-information/relx-plc-ordinary-shareholders"><span>RELX PLC ordinary shareholders</span></a></li><li id="hidden-nav-relx-plc-adr-shareholders-level3" class="level3"><a href="/investors/shareholder-information/relx-plc-adr-shareholders"><span>RELX PLC ADR shareholders</span></a></li><li id="hidden-nav-agm-information-for-relx-plc-level3" class="level3"><a href="/investors/shareholder-information/agm-information-for-relx-plc"><span>AGM and General Meeting information for RELX PLC </span></a></li><li id="hidden-nav-corp-simplification-level3" class="level3"><a href="/investors/shareholder-information/corp-simplification"><span>Corporate structure simplification - 2018</span></a></li><li id="hidden-nav-investor-contacts-level3" class="level3"><a href="/investors/shareholder-information/investor-contacts"><span>Investor contacts</span></a></li><li id="hidden-nav-historic-information-for-relx-nv-level3" class="level3 last"><a href="/investors/shareholder-information/historic-information-for-relx-nv"><span>Historic information for RELX NV</span></a></li> </ul></li><li id="hidden-nav-results-level2" class="level2"><a href="/investors/results/2024"><span>Results</span></a></li><li id="hidden-nav-annual-reports-level2" class="level2"><a href="/investors/annual-reports/2023"><span>Annual reports</span></a></li><li id="hidden-nav-share-price-level2" class="level2"><a href="/investors/share-price/lse"><span>Share price</span></a></li><li id="hidden-nav-financial-calendar-level2" class="level2"><a href="/investors/financial-calendar"><span>Financial 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href="/investors/corporate-governance/board-of-directors"><span>Board of Directors</span></a></li><li id="hidden-nav-board-committees-level3" class="level3"><a href="/our-business/board-committees"><span>Board Committees</span></a></li><li id="hidden-nav-code-of-ethics-level3" class="level3"><a href="/investors/corporate-governance/code-of-ethics"><span>Code of Ethics and Reporting Concerns</span></a></li><li id="hidden-nav-relations-with-shareholders-level3" class="level3"><a href="/investors/corporate-governance/relations-with-shareholders"><span>Relations with shareholders</span></a></li><li id="hidden-nav-internal-controls-level3" class="level3"><a href="/investors/corporate-governance/internal-controls"><span>Internal controls</span></a></li><li id="hidden-nav-tax-principles-level3" class="level3"><a href="/investors/corporate-governance/tax-principles"><span>Tax principles</span></a></li><li id="hidden-nav-articles-of-association-level3" class="level3 last"><a 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our people</span></a></li> </ul></li><li id="hidden-nav-media-level1" class="level1 haschildren last"><a href="/media"><span>Media</span></a><ul id="hidden-section-media-level2"> <li id="hidden-nav-press-releases-level2" class="level2 first"><a href="/media/press-releases/year-2024"><span>Press releases</span></a></li><li id="hidden-nav-recent-media-coverage-level2" class="level2"><a href="/media/recent-media-coverage"><span>Recent Media Coverage</span></a></li><li id="hidden-nav-press-kit-level2" class="level2"><a href="/media/press-kit"><span>Press kit</span></a></li><li id="hidden-nav-video-gallery-level2" class="level2"><a href="/media/video-gallery"><span>Video gallery</span></a></li><li id="hidden-nav-brochures-level2" class="level2"><a href="/media/brochures"><span>Brochures</span></a></li><li id="hidden-nav-media-contacts-level2" class="level2"><a href="/media/media-contacts"><span>Media contacts</span></a></li><li id="hidden-nav-podcasts-level2" class="level2 last"><a href="/media/podcasts"><span>Podcasts</span></a></li> </ul></li> </ul> </div>   <a class="hide" name="maincontent" id="mainContent"> </a>  <div class="grey-overlay-banner-wrap"> <div class="container-fluid"> <div class="row"> <div class="col-xs-12"> <h1> Credit ratings </h1> <div class="grey-banner-breadcrumb">  <div id="breadcrumb"> <a href="/">Home</a><span class="separator">|</span><a href="/investors/investor-overview">Investors</a><span class="separator">|</span><a href="/investors/debt-investors/funding-strategy">Debt investors</a><span class="separator">|</span><span>Credit ratings</span> </div>  </div> </div> </div> </div> </div>  <div class="content-wrap stick-content"> <div class="container-fluid"> <div class="row"> <div class="col-sm-8 col-xs-12"> <div class="my-content disc"> <div class="disclaimer-wrap"> <div class="disclaimer clearfix"> <h2>Disclaimer</h2> <div class="disc-content"> <p> The presentations, releases, prospectuses and other information contained on this website (the 'Documentation') do not constitute an offer of or an invitation by RELX or any subsidiary in RELX (the 'Company') to subscribe for or purchase any securities (the 'Securities'). The Documentation should not be considered a recommendation by the Company to subscribe for or purchase any Securities. Furthermore, the Documentation speaks only as of its date, and the Company has no obligation or intention to update the Documentation. The reproduction or distribution of the Documentation may be restricted by law in certain jurisdictions. Persons who access the Documentation are required to inform themselves about and to observe any such restrictions as well as make their own determination with regard to any investment in any Securities.</p> <p>Do you agree to the above terms?</p> <div class="disclaimer-buttons"> <a id="accept-buttonfs" href="javascript:;">Yes</a> <a id="decline-buttonfs" href="javascript:;">No</a> </div> </div> <div class="disc-warning"> <p class="red"> You must agree to the terms above to view content in this section </p> </div> </div> <div class="overlay"> </div> </div> </div> <div class="my-content"> <div class="scroll-table-container"> <table> <thead> <tr> <th colspan="7"><strong>Guarantor</strong></th> </tr> <tr> <th width="31%"></th> <th width="23%" colspan="2">Standard & Poor's</th> <th width="23%" colspan="2">Moody's</th> <th width="23%" colspan="2">Fitch</th> </tr> </thead> <tbody> <tr> <td>RELX PLC (1)</td> <td>BBB+ (Stable)</td> <td>A-2</td> <td>A3 (Stable)</td> <td>-  <br /> </td> <td>BBB+ (Stable)</td> <td>F1</td> </tr> </tbody> </table> </div> <div class="scroll-table-container"> <table> <thead> <tr> <th colspan="7">Issuing companies</th> </tr> <tr> <th width="31%"> </th> <th width="23%" colspan="2">Standard & Poor's</th> <th width="23%" colspan="2">Moody's</th> <th width="23%" colspan="2">Fitch</th> </tr> </thead> <tbody> <tr> <td>RELX (Investments) plc</td> <td>BBB+ (Stable)</td> <td>A-2</td> <td>A3 (Stable)</td> <td>P-2</td> <td>BBB+ (Stable)</td> <td>F1</td> </tr> <tr> <td>RELX Finance BV</td> <td>BBB+ (Stable)</td> <td>A-2</td> <td>A3 (Stable)</td> <td>P-2</td> <td>BBB+ (Stable)</td> <td>F1</td> </tr> <tr> <td>RELX Inc.</td> <td>BBB+ (Stable)</td> <td>A-2</td> <td>A3 (Stable)</td> <td>P-2</td> <td>BBB+ (Stable)</td> <td>F1</td> </tr> <tr> <td>Harcourt General, Inc.</td> <td>BBB+ (Stable)</td> <td>-</td> <td>Not rated</td> <td>-</td> <td>Not rated</td> <td>-</td> </tr> <tr> <td>RELX Capital Inc.</td> <td>BBB+ (Stable)</td> <td>-</td> <td>A3 (Stable)</td> <td>-</td> <td>BBB+ (Stable)</td> <td>-</td> </tr> </tbody> </table> </div> <p> <br /> (1) On 8 September 2018, RELX NV was merged into RELX PLC by way of a cross-border merger. With effect from that date, RELX PLC became the sole guarantor of all debt instruments which were previously guaranteed joint and severally by RELX PLC and RELX NV. </p> </div> </div> <div class="col-xs-12"> </div> </div> </div>  <div class="Main-snap-wrapper"> </div>  <div class="container-fluid"> <div class="row"> <div class="col-sm-8 col-xs-12"> </div> </div> </div> <div class="bottom-foot-sp-wrap"> <div class="container-fluid"> <div class="row"> </div> </div> </div> <div class="container-fluid"> <p class="edit"> <strong>Note:</strong> To add/edit documents/links, please navigate through the Advanced Editing visible in the ribbon at the top. </p> </div> </div>  <div class="footer"> <div class="container-fluid"> <div class="row"> <div class="col-xs-12"> <div class="top-foot"> <div class="row"> <div class="col-md-9 col-xs-12"> <div class="foot-2"> <div class="row"> <div class="col-xs-12"> <p class="footer-header">Contacts</p> </div> <div class="col-xs-12 col-sm-4 col-md-4"> <p><strong>London</strong> <br /> 1-3 Strand <br /> London <br /> WC2N 5JR <br /> UK <br /> Tel: <a href="tel:+44 20 7166 5500">+44 20 7166 5500</a><br /> Email: <a href="/cdn-cgi/l/email-protection#b6dad9d8d2d9d8f6c4d3dace98d5d9db"><span class="__cf_email__" data-cfemail="6d0102030902032d1f080115430e0200">[email protected]</span></a></p> </div> <div class="col-xs-12 col-sm-4 col-md-4"> <p><strong>New York</strong> <br /> 230 Park Avenue <br /> New York <br /> NY 10169 <br /> USA <br /> Tel: <a href="tel:+1 212 309 8100">+1 212 309 8100</a> <br /> Email: <a href="/cdn-cgi/l/email-protection#066863717f69746d4674636a7e2865696b"><span class="__cf_email__" data-cfemail="026c67757b6d70694270676e7a2c616d6f">[email protected]</span></a></p> </div> <div class="col-xs-12 col-sm-4 col-md-4"> </div> </div> </div> </div> <div class="col-md-3 col-xs-12"> <div class="foot-3"> <div class="foot-head"> <p class="footer-header"></p> </div> <div class="foot-social-images"> <p class="linkedin"><a target="_blank" title="LinkedIn – link to website (opens in a new window)" href="https://www.linkedin.com/company/relx-group">Linkdin</a></p> <p class="twitter"><a target="_blank" title="Twitter – link to website (opens in a new window)" href="https://twitter.com/RELXHQ">Twitter</a></p> <p class="instagram"><a target="_blank" title="Instagram – link to website (opens in a new window)" href="https://www.instagram.com/relxhq/">Instagram</a></p> <p class="youtube"><a target="_blank" title="YouTube – link to website (opens in a new window)" href="https://youtube.com/c/RELXvideo">YouTube</a></p> </div> </div> </div> </div> </div> <div class="bottom-foot"> <div class="row"> <div class="col-md-9 col-xs-12"> <div class="foot-links float100"> <ul> <li><a href="/site-services/terms-and-conditions">Terms & Conditions</a></li> <li><a href="/site-services/privacy">Privacy</a></li> <li><a href="/site-services/cookies">Cookies</a></li> <li><a href="/site-services/accessibility">Accessibility</a></li> <li><a href="/site-services/site-map">Site Map</a></li> <li><a href="/site-services/alert-service">Alert Service</a></li> <li><a href="/~/media/Files/R/RELX-Group/documents/responsibility/relx-slavery-statement-2024.pdf" target="_blank">Modern Slavery Act Statement</a></li> <li><a href="##"" id="cc-CookieSetting">Cookie Settings</a></li> </ul> </div> </div> <div class="col-md-3 col-xs-12"> <div class="copy-right-logo"> <p class="copyright dyndate">© 2024 RELX Group plc</p> <a title="RELX – link to home page" href="/"> <img src="/~/media/Images/R/RELX-Group/logo/footer-logo-v2.png?h=18&iar=0&w=77" alt="RELX – link to home page" width="77" height="18" /></a> </div> </div> </div> </div> </div> </div> </div>  </div>  </div> <div id="__JSONMENU" class="ui-helper-hidden"></div> </form> <script data-cfasync="false" src="/cdn-cgi/scripts/5c5dd728/cloudflare-static/email-decode.min.js"></script><script type="text/javascript" src="https://assets.investisdigital.com/cookiemanager/v3/latest/js/invd-cm-plugin.min.js" ></script><script type="text/javascript" src="/javascripts/ResourceHandlermerge.js?0=%7BBA1A6D53-C845-4CAC-B7CE-8D3FBE50F317%7D&1=%7B73B46A97-820A-41D7-BE58-0326E228F884%7D&2=%7BB95EEF5D-CD48-44B8-A82A-D3BBB42C0D3B%7D&3=%7B3F99D8B0-206E-4C69-B50F-04B0881B8424%7D&4=%7BE9C6E903-C28C-4ADC-A348-8AC2C2263B0C%7D&5=%7B1593D19B-FD07-4070-9C03-8E2CE3AA93D3%7D&6=%7B170C5BAD-5292-4F07-AC56-D9F5E8DCF70D%7D&7=%7BAF58C240-6638-4011-8CB8-DB0FEA37F675%7D&8=%7BCBBCA8A4-B3CE-426F-98FA-D242597E4970%7D&9=%7B7682EBF9-25A6-41FF-B032-D08FC8AB20E1%7D&10=%7B48D20377-DE8D-44B2-88F0-4C5AE29422BC%7D&11=%7B2B575594-BB30-41F4-BC46-0477916AB09B%7D&12=%7B5E3057AE-94AA-46D2-BDBF-29A5A744A490%7D&13=%7B017B3848-0E33-46E8-AC5A-F413E6F4B34B%7D&15=%7B1746D6F4-F7CF-4816-BC6A-444D1E34316F%7D&sc_lang=en&revision=ab7685ad-fb61-4b38-b29c-5bb37ede4bdc"></script><script type="text/javascript" src="/javascripts/js-disclaimer.js?revision=6cb48ef8-cdb1-44de-86f5-4431155d1d65" ></script> </body> </html>

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