London Gatwick Airport: Standard & Poor’s credit rating
11 March 2021 - 9:06 am - Finances - United Kingdom
On 10 March 2021, Standard & Poor’s reviewed the Class A debt of Gatwick Funding Limited, which raises funding for London Gatwick Airport, a 50.01% subsidiary of VINCI Airports.
The agency affirmed its investment grade rating of BBB with Outlook Negative, thus removing it from CreditWatch Negative where it was placed since mid-July 2020.
VINCI is a global player in concessions, energy and construction businesses, employing more than 260,000 people in nearly 120 countries. We design, finance, build and operate infrastructure and facilities that help improve daily life and mobility for all. Because we believe in all-round performance, we are committed to operating in an environmentally, socially responsible and ethical manner. And because our projects are in the public interest, we consider that reaching out to all our stakeholders and engaging in dialogue with them is essential in the conduct of our business activities. Based on that approach, VINCI’s ambition is to create long-term value for its customers, shareholders, employees, partners and society in general.