DEBT & RATING
RATINGS
| Standard & Poor's | Moody's | |
|---|---|---|
Long-term debt | AA- | A1 |
Outlook | Stable | Positive |
Short-term debt | A-1+ | P-1 |
EURO MEDIUM TERM NOTES (EMTN)
DEBT FINANCING
COMMERCIAL PAPERS
| Program | Currency | Program size | Issuer | Guarantor |
|---|---|---|---|---|
Negotiable European Commercial Paper (NeuCP) | EUR | 15bn | LVMH SE | - |
USCP | USD | 15bn | LVMH SE | - |
USCP | USD | 15bn | LVMH Inc. | LVMH SE |