{"id":829980,"date":"2025-03-26T08:35:17","date_gmt":"2025-03-26T12:35:17","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/amex-gbt-receives-credit-rating-upgrade-moodys-upgrades-the-company-to-b1\/"},"modified":"2025-03-26T08:35:17","modified_gmt":"2025-03-26T12:35:17","slug":"amex-gbt-receives-credit-rating-upgrade-moodys-upgrades-the-company-to-b1","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/amex-gbt-receives-credit-rating-upgrade-moodys-upgrades-the-company-to-b1\/","title":{"rendered":"Amex GBT Receives Credit Rating Upgrade; Moody\u2019s Upgrades the Company to B1"},"content":{"rendered":"

<\/p>\n

Amex GBT Receives Credit Rating Upgrade; Moody\u2019s Upgrades the Company to B1<\/b><\/p>\n

NEW YORK–(BUSINESS WIRE<\/a>)–
\nAmerican Express Global Business Travel, which is operated by Global Business Travel Group, Inc. (NYSE: GBTG) (\u201cAmex GBT\u201d or the \u201cCompany\u201d), a leading software and services company for travel, expense, and meetings & events, announced that Moody\u2019s Ratings (\u201cMoody\u2019s\u201d) upgraded its credit ratings to B1 from B2. This is the second credit rating upgrade that Amex GBT has received this year.\n<\/p>\n

\nMoody\u2019s stated the upgrade \u201creflects the company\u2019s strong business momentum and substantial deleveraging.\u201d Moody\u2019s also cited the expectations for continued margin expansion, as well as strong balance sheet and cash generation.\n<\/p>\n

\nKaren Williams, CFO of Amex GBT, stated: \u201cWe are pleased to announce another credit rating upgrade. This is further recognition that we are delivering outstanding financial results and executing on our responsible capital allocation priorities to drive shareholder value.\u201d\n<\/p>\n

About American Express Global Business Travel<\/b><\/p>\n

\nAmerican Express Global Business Travel is a leading software and services company for travel, expense, and meetings & events. We have built the most valuable marketplace in travel with the most comprehensive and competitive content. A choice of solutions brought to you through a strong combination of technology and people, delivering the best experiences, proven at scale. With travel professionals and business partners in more than 140 countries, our solutions deliver savings, flexibility, and service from a brand you can trust – Amex GBT.\n<\/p>\n

\nVisit amexglobalbusinesstravel.com<\/a> for more information about Amex GBT. Follow @amexgbt on X<\/a> (formerly known as Twitter), LinkedIn<\/a> and Instagram<\/a>.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20250326784980\/en\/<\/a><\/span><\/p>\n

Investors:
\n<\/b>
Jennifer Thorington
\n
Vice President, Investor Relations
\n
investor@amexgbt.com<\/a><\/p>\n

Media:
\n<\/b>
Megan Kat
\n
Senior Director Global Communications and Public Affairs
\n
megan.kat@amexgbt.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America New York<\/p>\n

INDUSTRY KEYWORDS:<\/b> Banking Software Accounting Professional Services Vacation Cruise Transportation Technology Lodging Destinations Travel Finance Consulting<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Amex GBT Receives Credit Rating Upgrade; Moody\u2019s Upgrades the Company to B1 NEW YORK–(BUSINESS WIRE)– American Express Global Business Travel, which is operated by Global Business Travel Group, Inc. (NYSE: GBTG) (\u201cAmex GBT\u201d or the \u201cCompany\u201d), a leading software and services company for travel, expense, and meetings & events, announced that Moody\u2019s Ratings (\u201cMoody\u2019s\u201d) upgraded its credit ratings to B1 from B2. This is the second credit rating upgrade that Amex GBT has received this year. Moody\u2019s stated the upgrade \u201creflects the company\u2019s strong business momentum and substantial deleveraging.\u201d Moody\u2019s also cited the expectations for continued margin expansion, as well as strong balance sheet and cash generation. Karen Williams, CFO of Amex GBT, stated: \u201cWe are pleased to announce another … <\/p>\n

Continue reading “Amex GBT Receives Credit Rating Upgrade; Moody\u2019s Upgrades the Company to B1”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-829980","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nAmex GBT Receives Credit Rating Upgrade; Moody\u2019s Upgrades the Company to B1 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/amex-gbt-receives-credit-rating-upgrade-moodys-upgrades-the-company-to-b1\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Amex GBT Receives Credit Rating Upgrade; Moody\u2019s Upgrades the Company to B1 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Amex GBT Receives Credit Rating Upgrade; Moody\u2019s Upgrades the Company to B1 NEW YORK–(BUSINESS WIRE)– American Express Global Business Travel, which is operated by Global Business Travel Group, Inc. (NYSE: GBTG) (\u201cAmex GBT\u201d or the \u201cCompany\u201d), a leading software and services company for travel, expense, and meetings & events, announced that Moody\u2019s Ratings (\u201cMoody\u2019s\u201d) upgraded its credit ratings to B1 from B2. This is the second credit rating upgrade that Amex GBT has received this year. Moody\u2019s stated the upgrade \u201creflects the company\u2019s strong business momentum and substantial deleveraging.\u201d Moody\u2019s also cited the expectations for continued margin expansion, as well as strong balance sheet and cash generation. 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(NYSE: GBTG) (\u201cAmex GBT\u201d or the \u201cCompany\u201d), a leading software and services company for travel, expense, and meetings & events, announced that Moody\u2019s Ratings (\u201cMoody\u2019s\u201d) upgraded its credit ratings to B1 from B2. This is the second credit rating upgrade that Amex GBT has received this year. Moody\u2019s stated the upgrade \u201creflects the company\u2019s strong business momentum and substantial deleveraging.\u201d Moody\u2019s also cited the expectations for continued margin expansion, as well as strong balance sheet and cash generation. 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