Moody's Ratings downgrades UPP (Hull) Limited's rating to Ba1; changes outlook to negative
Moody's Ratings (Moody's) has today downgraded the rating on UPP (Hull) Limited's (UPP or the Issuer) GBP127.6 million fully amortising senior secured bonds due 2058 (the Bonds) to Ba1 from Baa3. Concurrently, we have changed the outlook to negative from stable. In May 2017 UPP issued GBP127...
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