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Centrica PLC (CNA)

Centrica PLC

Annual Review with Moody's Investor Service
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

 

Enquiries:

Investors and analysts:  +44 (0)1753 494900 

Media:  +44 (0)1784 843000

 

 

 

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

 


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.
 
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