Centrica PLC Annual Review with Moody's Investor Service (1787G)

TIDMCNA

RNS Number : 1787G

Centrica PLC

13 March 2020

13 March 2020

Centrica plc

('Centrica')

Outcome of Annual Review with Moody's Investor Service

Centrica notes the announcement from Moody's Investor Service ("Moody's") that it is downgrading the issuer and senior unsecured long-term credit ratings of Centrica to Baa2 (stable outlook) from Baa1 (negative outlook).

This brings the Moody's ratings in line with the current BBB (stable outlook) rating from S&P Global Ratings ("S&P"). As a result, the impact of this change on Centrica and its operations is expected to be negligible

Centrica reaffirms that, as part of its financial framework, it continues to target strong investment grade credit ratings.

ENDS

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Centrica plc is listed on the London Stock Exchange (CNA)

Registered Office: Millstream, Maidenhead Road, Windsor, Berkshire SL4 5GD

Registered in England & Wales number: 3033654

Legal Entity Identifier number: E26EDV109X6EEPBKVH76

ISIN number: GB00B033F229

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March 13, 2020 13:53 ET (17:53 GMT)