Report
EUR 159.68 For Business Accounts Only

Moody's places Kingfisher plc's rating on review for downgrade

Rating Action: Moody's places Kingfisher plc's rating on review for downgrade. Global Credit Research- 26 Mar 2020. London, 26 March 2020-- Moody's Investors Service, has placed on review for downgrade Kingfisher plc's Baa2 long term senior unsecured EMTN Programme ratings and short-term P-2 and P-2 ratings.
Underlying
Kingfisher PLC

Kingfisher supplies home improvement products and services through a network of retail stores and other channels, located mainly in the U.K. and continental Europe. As of Jan 31 2017, Co. had nearly 1,200 stores in 10 countries across Europe.

Provider
Moody's Investors Service
Moody's Investors Service

Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:

  • 130 countries
    11,000 corporate issuers
    21,000 public finance issuers
    76,000 structured finance obligations



Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.



Moody’s default studies validate our predictive ratings. Our published research and investor briefings draw thousands of attendees each year and keep investors current with the rationale underlying our credit opinions. 

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