16.04.2014 16:54:00
|
Thames Water Utilities Ltd. -- Moody's changes outlook on Thames Water's Baa1 CFR to negative; affirms ratings
London, 16 April 2014 -- Moody's Investors Service has today changed to negative from stable the outlook on the Baa1 corporate family rating (CFR) of Thames Water Utilities Limited (Thames Water), the A3 ratings on the senior secured Class A notes and the Baa3 rating on the subordinated Class B notes, issued under the GBP10 billion medium-term note (MTN) programme by Thames Water's finance subsidiaries, Thames Water Utilities Finance Limited and Thames Water Utilities Cayman Finance Limited, and guaranteed by Thames Water. Concurrently, Moody's has affirmed these ratings and the ratings of the guaranteed MTN programme.