Passenger Terminal Today - Tara Craig

Heathrow Airport remains financially stable despite the devastating fiscal impact of the Covid-19 pandemic, says rating agency.  

Credit rating agency Standard & Poor’s has announced that it is lowering the long-term ratings on Class A and Class B debt issued by Heathrow Funding Limited, with both retaining negative outlooks due to the ongoing uncertainty surrounding the spread of COVID-19.  

Despite the move, Heathrow retains investment grade credit ratings on its Class A and Class B debt which now stand at BBB+ and BBB- respectively....more

 

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