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Name | Symbol | Market | Type |
---|---|---|---|
Bpha Fin.4.816% | LSE:59DP | London | Bond |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 131.657 | 0 | 01:00:00 |
TIDM59DP
RNS Number : 3255D
BPHA Finance PLC
27 October 2020
bpha Limited's A+ rating reaffirmed by Standard & Poor's
Credit rating agency Standard & Poor's (S&P) has reaffirmed bpha's long-term credit rating of A+ on 26 October 2020.
The outlook for the rating remains 'negative' due to the current economic uncertainty.
In their Research Update, S&P have commented that bpha:
-- benefits from strong economic fundamentals and excellent asset quality -- has solid EBITDA interest coverage -- has a very strong liquidity position
S&P also reaffirmed at A+ the senior secured debt rating on bpha's outstanding bonds issued by bpha Finance plc.
-ENDS-
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END
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(END) Dow Jones Newswires
October 27, 2020 05:09 ET (09:09 GMT)
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