William Hill PLC - London-based bookmaker - Moody's Investors Service confirms William Hill's Ba3 corporate family rating and Ba3-PD probability of default rating, as well as the Ba3 rating assigned to the company's senior unsecured GBP350 million senior unsecured notes due 2026 and GBP350 million senior unsecured notes due 2023. The outlook on all ratings was changed to negative from ratings under review. Rating confirmation reflects William Hill's significant improvement in liquidity profile. Negative outlook reflects the continued impact of coronavirus.
Current stock price: 116.10 pence
Year-to-date change: down 41%
By Tapan Panchal; tapanpanchal@alliancenews.com
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