Stagecoach Group Plc: Update following confirmation at Baa3 with a stable outlook
Our credit view of this issuer reflects its improving performance as pandemic recedes and new ownership structure following acquisition by DWS and delisting.Stagecoach Group is a holding company. Through its subsidiaries, Co. operates in four main divisions: U.K. Bus (regional operations), which connects communities in more than 100 towns and cities across the U.K. on bus networks stretching from the Highlands of Scotland to south west England; U.K. Bus (London), which is an operator in the London bus market; North America, which provides bus and coach transport services in the U.S. and Canada; and U.K. Rail, in which its subsidiary, South West Trains, runs train services in south west England out of London Waterloo railway station, and operates Island Line services on the Isle of Wight.
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.