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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Derwent London Plc | LSE:DLN | London | Ordinary Share | GB0002652740 | ORD 5P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -38.00 | -1.87% | 1,992.00 | 1,994.00 | 2,000.00 | 2,032.00 | 1,980.00 | 1,988.00 | 212,753 | 16:35:07 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Real Estate Investment Trust | 190.5M | -476.4M | -4.2426 | -4.71 | 2.24B |
From Apr 2019 to Apr 2024
TIDMDLN
RNS Number : 2641D
Derwent London PLC
08 October 2018
Derwent London plc
("Derwent London")
Change of Credit Rating Agency
On 29 August 2018, Fitch Ratings assigned Derwent London a long-term issuer default rating of 'A-' and a senior unsecured debt rating of 'A'. Following this, Standard & Poors ("S&P") were requested to withdraw their 'BBB+' long-term and 'A-2' short-term credit ratings and this was announced by S&P on 3 October 2018.
At the same time, the London Merchant Securities Ltd ("LMS") Senior Secured Bonds 2026, which were given a rating of 'A' by S&P up to 3 October 2018, also became unrated. The 'A' rating was two notches above the 'BBB+' corporate rating of its parent company, Derwent London plc. Fitch have been asked to provide a credit rating for the LMS bonds and it is anticipated that they will do so within 7 days.
Enquiries:
D Lawler
Company Secretary
8 October 2018
020 7659 3000
www.derwentlondon.com
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
MSCUGGUCUUPRURR
(END) Dow Jones Newswires
October 08, 2018 04:44 ET (08:44 GMT)
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