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71QG Sunderland 6.38

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Name Symbol Market Type
Sunderland 6.38 LSE:71QG London Bond
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 0 -

Sunderland (SHG) Fin Rating Action by Standard and Poor's (S&P)

26/02/2018 11:28am

UK Regulatory


Sunderland 6.38 (LSE:71QG)
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TIDM71QG 
 
 

Sunderland (SHG) Finance Plc - GBP239,500,000 6.38 per cent. Secured Bonds due 2042

 

Rating Action by Standard and Poor's (S&P)

 

S&P has published its issuer credit rating for Sunderland (SHG) Finance Plc following its rating review. A copy of the report can be downloaded from the S&P website.

 

The new rating is BBB+; outlook positive. This rating is identical to the new long-term credit rating assigned to Gentoo Group Ltd ("Gentoo"), the sole borrower under Sunderland (SHG) Finance Plc.

 

Intention to Hold Investor Update Meetings

 

Gentoo announces that it will be conducting a series of meetings with fixed income investors to update them on the position of the borrower.

 

For further information, please contact:

 

Nigel Tooby

 

Executive Director of Finance

 

Gentoo Group Limited

 

nigel.tooby@gentoogroup.com

 

26 February 2018

 
 

View source version on businesswire.com: http://www.businesswire.com/news/home/20180226005654/en/

 
This information is provided by Business Wire 
 
 

(END) Dow Jones Newswires

February 26, 2018 06:28 ET (11:28 GMT)

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