Moody's assigns A2 ratings to SAP's new notes
Moody's Investors Service has today assigned A2 ratings to the new notes issued by SAP SE (SAP). A full list of affected ratings can be found at the end of this press release. SAP is issuing a mix of floating and fixed rate notes with varying maturities with a total expected volum...SAP is engaged in selling licenses for software solutions and related support services. Co. derives its revenue from fees charged to its customers for the use of its cloud solutions and for licensing of on-premise software products and solutions. Additional sources of revenue are support, professional services, development, training, and other services. Co. has more than 300,000 customers in over 180 countries. Co.'s SAP HANA platform holds the ability to simplify both the user experience and the overall IT landscape, creating a smaller data footprint, increased system throughput, and easier data processing and operation.
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