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RELX completes restructuring into single parent company

RELX Group PLC said it has completed the simplification of its corporate structure to a single parent firm, RELX PLC, from a previous dual parent company setup.

Trading of new RELX PLC shares has started in London, New York and Amsterdam, the company said.

With the corporate restructuring now effective, S&P Global Ratings is discontinuing its BBB+ issuer credit rating on RELX NV, one of the two former parent companies of RELX Group.

Fitch Ratings affirmed RELX PLC's long-term issuer default ratings and senior unsecured rating at BBB+, with a stable outlook.

This S&P Global Market Intelligence news article may contain information about credit ratings issued by S&P Global Ratings, a separately managed division of S&P Global. Descriptions in this news article were not prepared by S&P Global Ratings. The original S&P Global Ratings documents referred to in this news brief can be found here.