RNS Number : 1326D
Transport For London
04 July 2016
Announcement to London Stock Exchange
Transport for London (TfL)
4 July 2016
Review of TfL's credit rating
On 1 July 2016, Fitch Ratings (Fitch) lowered its long-term issuer credit rating of TfL to 'AA-'
from 'AA' and revised the outlook to negative from stable. At the same time, Fitch affirmed its 'F1+' short-term issuer credit
rating of TfL.
The rating action reflects the downgrade by Fitch on the UK's long-term issuer credit rating,
which was lowered to 'AA' from 'AA+' and revision of the outlook to negative from stable on 27 June 2016. This action
primarily reflects the UK referendum vote on 23 June 2016 to leave the European Union.
For further information, please contact:
Transport for London
17th Floor, Windsor House
42-50 Victoria Street
London SW1H 0TL
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCUGUPGMUPQUBC