Abstract. Let H be a Krull monoid with finite class group G such that every class contains a prime divisor (for example, a ring of integers in an algebraic number field or a holomorphy ring in an algebraic function field). The catenary degree c(H) of H is the smallest integer N with the following property:for each a ∈ H and each two factorizations z, z ′ of a, there exist factorizations z = z 0 , . . . , z k = z ′ of a such that, for each i ∈ [1, k], z i arises from z i−1 by replacing at most N atoms from z i−1 by at most N new atoms. To exclude trivial cases, suppose that |G| ≥ 3. Then the catenary degree depends only on the class group G and we have c(H) ∈