BPHA Finance PLC Statement re (Credit Rating) (3255D)
27 Octobre 2020 - 10:09AM
UK Regulatory
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) Dow Jones Newswires
October 27, 2020 05:09 ET (09:09 GMT)
Bpha Fin.4.816% (LSE:59DP)
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