UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934
For the month of September 2021
PEARSON plc
(Exact name of registrant as specified in its charter)
N/A
(Translation of registrant's name into English)
80 Strand
London, England WC2R 0RL
44-20-7010-2000
(Address of principal executive office)
Indicate by check mark whether the Registrant files or will file annual reports
under cover of Form 20-F or Form 40-F:
Form 20-F X Form 40-F
Indicate by check mark whether the Registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934
Yes No X
Withdrawal of Credit Rating Agency
Pearson plc ("Pearson") gives notice that Standard & Poor's Financial Services LLC announced yesterday that it has, at the request of Pearson, withdrawn its ratings of Pearson, Pearson Funding plc ("the issuer") and the bonds specified below, which were issued by the issuer and are guaranteed by Pearson. The bonds remain rated Baa3 (stable outlook) and BBB- (stable outlook) by Moody's Investors Service and Fitch Ratings Limited respectively.
●
£350,000,000 3.750% Guaranteed Notes due 2030 (XS2044910466), all of which are outstanding
●
EUR 500,000,000 1.375% Guaranteed Notes due 2025 (XS1228153661, all of which are outstanding
●
U.S.$500,000,000 3.250% Guaranteed Notes due 2023 (USG6964RAA26 / US70501VAA61), of which U.S.$94,176,000 are outstanding; and
●
U.S.$500,000,000 3.750% Guaranteed Notes due 2022 (USG6964QAA43 / US705011AA25), of which U.S.$117,273,000 are outstanding.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| PEARSON plc | |
Date: 23 September 2021 | |
| By: /s/ NATALIE WHITE | |
| ------------------------------------ | |
| Natalie White | |
| Deputy Company Secretary |