Long-Term Local Currency Senior Unsecured Issues/Deutsche Telekom AG

Deutsche Telekom AG

Rating	Watch	Outlook	Decision Date	Action Validity Date	Maximum Validity
BBB+		Outlook STA	21.12.2020	23.12.2020
BBB+		Outlook STA	25.10.2019	05.11.2019

23.12.2020

Based on the unsolicited corporate issuer rating of Deutsche Telekom AG (BBB+ / stable), Creditreform Rating has conducted unsolicited corporate issue ratings (ISIN) issued by Deutsche Telekom AG. The rating objects in question are exclusively long term senior unsecured issues denominated in Euro, which have been issued by Deutsche Telekom AG and included in the list of ECB-eligible marketable assets. The ECB list of eligible marketable assets can be found on the ECBs website. All the following issues (ISIN) are rated with BBB+ / stable.
05.11.2019

Based on the unsolicited corporate issuer rating of Deutsche Telekom AG (BBB+/stable), Creditreform Rating has conducted unsolicited corporate issue ratings (ISIN) of the issues issued by Deutsche Telekom AG. The rating objects in question are exclusively long term senior unsecured issues denominated in Euro, which have been issued by Deutsche Telekom AG and included in the list of ECB-eligible marketable assets. The ECB list of eligible marketable assets can be found on the ECBs website. All the following issues (ISIN) are rated with BBB+/stable.