REG - Hikma Pharmaceutical - Fitch upgrades Hikma to ‘BBB’

Hikma PharmaceuticalsAnnouncement

Thu 07:00

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RNS Number : 5768K  Hikma Pharmaceuticals Plc  29 May 2025

Fitch upgrades Hikma Pharmaceuticals PLC's long-term issuer default rating to
'BBB', outlook stable

 

London, 29 May 2025 - Hikma Pharmaceuticals PLC (Hikma, Company) is pleased to
announce that Fitch has upgraded its long-term issuer default rating and the
senior unsecured rating on Hikma Finance USA LLC's $500 million notes to 'BBB'
from 'BBB-' with a stable outlook.

 

Khalid Nabilsi, CFO of Hikma said: "I am pleased that now both Fitch and
S&P have upgraded Hikma to BBB, reinforcing our investment grade rating.
These upgrades are a strong endorsement of our strategic direction, financial
discipline, and operational resilience. They underscore Hikma's solid market
position across key geographies and reflect confidence in our ability to
consistently deliver strong financial results, supported by our diversified
business model, robust balance sheet, and prudent capital allocation."

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Enquiries:

Hikma
(Investors)

 Susan Ringdal                                                                +44 (0)20 7399 2760/ +44 (0)7776 477050

 EVP, Strategic Planning and Global Affairs
 Guy Featherstone                                                             +44 (0)20 3892 4389/ +44 (0)7795 896738

 Director, Investor Relations
 Layan Kalisse                                                                +44 (0)20 7399 2788/ +44 (0)7970 709912

 Senior Associate, Investor Relations

 FTI Consulting (Media)

 Ciara Martin

                                                                              +44 (0)7779 775979

 

 

 

 

About Hikma

Hikma Pharmaceuticals PLC (LSE: HIK) (NASDAQ Dubai: HIK) (OTC: HKMPY)
(LEI:549300BNS685UXH4JI75) (rated BBB/stable S&P and BBB/stable Fitch)

 

Hikma helps put better health within reach every day for millions of people
around the world. For more than 45 years, we've been creating high-quality
medicines and making them accessible to the people who need them.
Headquartered in the UK, we are a global company with a local presence across
North America, the Middle East and North Africa (MENA) and Europe, and we use
our unique insight and expertise to transform cutting-edge science into
innovative solutions that transform people's lives. We're committed to our
customers, and the people they care for, and by thinking creatively and acting
practically, we provide them with a broad range of branded and non-branded
generic medicines. Together, our 9,500 colleagues are helping to shape a
healthier world that enriches all our communities. We are a leading licensing
partner, and through our venture capital arm, are helping bring innovative
health technologies to people around the world. For more information, please
visit: www.hikma.com (http://www.hikma.com)

©2025 Hikma Pharmaceuticals PLC. All rights reserved.

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