Get Live Data

The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Latest Share Chat

  2. Share Prices
  3. Babcock Share Price
  4. Babcock Share Regulatory News
  5. Standard & Poor credit rating upgrade

Pin to quick picksBabcock Regulatory News (BAB)

Babcock Information

Share Price Information for Babcock (BAB)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 521.50
Bid: 522.50
Ask: 524.00
Change: 4.00 (0.77%)
Spread: 1.50 (0.287%)
Open: 516.50
High: 526.50
Low: 509.00
Prev. Close: 517.50
BAB Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Standard & Poor credit rating upgrade

20 Dec 2022 12:54

RNS Number : 3548K
Babcock International Group PLC
20 December 2022
 

Babcock: Standard & Poor credit rating upgrade

 

20 December 2022

 

Standard & Poor's has today raised its issuer credit rating on Babcock and its issue rating on its senior unsecured bonds to 'BBB' from 'BBB-'. The stable outlook is unchanged.

The decision to upgrade to 'BBB' reflects the near-completion of the disposals programme and subsequent reduction in debt, along with the renegotiation of legacy contracts, and a restructured and tightened cost base. The stable outlook reflects Babcock's good revenue visibility and tighter control over its cost base resulting in gradually improving margins and stronger cash flows over S&P's two-year rating horizon.

 

ENDS

 

 

For further information:

 

Andrew Gollan, Director of Investor Relations

+44 (0)7936 039004

Kate Hill, Group Director of Communications

+44 (0)20 7355 5312

 

 

Tulchan Communications

 

Olivia Peters / Harry Cameron

+44 (0)20 7353 4200  

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
MSCBDBDDBUDDGDG
12345678910
Date   Source Headline
2nd Dec 20204:24 pmRNSDirector/PDMR Shareholding
25th Nov 20207:00 amRNSHalf-year results
10th Nov 20207:00 amRNSDirector appointment
28th Oct 20207:00 amRNSAppointment of Chief Corporate Affairs Officer
15th Oct 20209:38 amRNSHolding(s) in Company
13th Oct 20209:00 amRNSChief Innovation & Technology Officer Appointment
9th Oct 20209:00 amRNSType 31 briefing
6th Oct 202011:21 amRNSHolding(s) in Company
30th Sep 202012:47 pmRNSDirector/PDMR Shareholding
30th Sep 20207:00 amRNSBabcock appoints new Chief Financial Officer
21st Sep 20202:56 pmRNSDirector/PDMR Shareholding
15th Sep 202010:20 amRNSDirector/PDMR Shareholding
9th Sep 20208:00 amRNSPublication of Base Prospectus
25th Aug 20209:25 amRNSHolding(s) in Company
18th Aug 20209:44 amRNSHolding(s) in Company
17th Aug 20209:11 amRNSDirector/PDMR Shareholding
14th Aug 20203:40 pmRNSDirector/PDMR Shareholding
14th Aug 20203:39 pmRNSDirector/PDMR Shareholding
4th Aug 20201:39 pmRNSDirector/PDMR Shareholding
4th Aug 202011:33 amRNSResult of AGM
4th Aug 202011:01 amRNSDirector/PDMR Shareholding
4th Aug 20207:00 amRNSTrading update
31st Jul 20207:00 amRNSDirectorate Change
16th Jul 20209:07 amRNSDirector/PDMR Shareholding
16th Jul 20209:05 amRNSDirector/PDMR Shareholding
16th Jul 20209:05 amRNSDirector/PDMR Shareholding
7th Jul 202011:04 amRNSHolding(s) in Company
7th Jul 202011:02 amRNSHolding(s) in Company
1st Jul 20204:50 pmRNSNotice of AGM
1st Jul 202010:26 amRNSDirector/PDMR Shareholding
1st Jul 20207:00 amRNSBabcock appoints new Chief Executive
11th Jun 20203:52 pmRNSDirector/PDMR Shareholding
11th Jun 20207:00 amRNSFinal Results
19th May 20207:00 amRNSItalian Anti-Trust Authority decision
11th May 20207:00 amRNSRevised date for full year results and AGM
20th Apr 20207:00 amRNSDirector appointment
6th Apr 20207:00 amRNSUpdate on Coronavirus (COVID-19)
19th Mar 20202:47 pmRNSDirector/PDMR Shareholding
6th Mar 20209:43 amRNSSale of Context
14th Feb 202011:23 amRNSHolding(s) in Company
12th Feb 202010:33 amRNSDirector/PDMR Shareholding
12th Feb 20207:00 amRNSTrading Update
5th Feb 20207:00 amRNSDirectorate Changes
20th Jan 20201:52 pmRNSDirector/PDMR Shareholding
16th Jan 20209:13 amRNSDirector Declaration
25th Nov 201912:41 pmRNSContract for Australian Future Submarine programme
20th Nov 201910:55 amRNSDirector/PDMR Shareholding
20th Nov 20197:00 amRNSHalf-year Report
15th Nov 20192:13 pmRNSType 31 Contract Win
25th Sep 20197:00 amRNSTrading Update
12345678910

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.