Sunderland (SHG) Fin Rating Action by Standard and Poor's (S&P)
26 February 2018 - 10:28PM
UK Regulatory
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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