TIDM79IU

RNS Number : 1100F

Gatwick Funding Limited

12 November 2020

Issuer: Gatwick Funding Limited

Date: 12 November 2020

Gatwick Funding Limited (the "Issuer")

a company incorporated in Jersey (registered number 107376)

Credit rating update

Credit rating agency Moody's Investors Service (Moody's) has completed a review of Gatwick Funding Limited's Class A debt and has downgraded its rating from Baa1, negative outlook to Baa2, negative outlook. Whilst maintaining an investment grade rating, the agency cites that the breadth and severity of the coronavirus outbreak will lead to slower than previously anticipated traffic recovery.

On 13(th) November at 17:00 GMT, as part of Gatwick Airport's current quarterly information package to secured creditors, it will publish on its website (investor relations section) an update on traffic performance, financial covenant position and a 6-month liquidity forecast.

END

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

STREAPFAFALEFEA

(END) Dow Jones Newswires

November 12, 2020 03:26 ET (08:26 GMT)

Gatwick Fd 43 (LSE:79IU)
과거 데이터 주식 차트
부터 1월(1) 2025 으로 2월(2) 2025 Gatwick Fd 43 차트를 더 보려면 여기를 클릭.
Gatwick Fd 43 (LSE:79IU)
과거 데이터 주식 차트
부터 2월(2) 2024 으로 2월(2) 2025 Gatwick Fd 43 차트를 더 보려면 여기를 클릭.