CNA Centrica Plc

TIDMCNA

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.

END

STRDXLFFBXLEBBB

(END) Dow Jones Newswires

March 13, 2020 13:53 ET (17:53 GMT)

Centrica (LSE:CNA)
Historical Stock Chart
From Mar 2024 to Apr 2024

Centrica (LSE:CNA)
Historical Stock Chart
From Apr 2023 to Apr 2024