S&P resolves CreditWatch

S&P resolves CreditWatch

28 January 2010

On 28 January 2010, Standard & Poor's announced that it was lowering United Utilities Water PLC's long term issuer credit rating to BBB+.  The outlook is stable.  United Utilities Water PLC's short term credit rating is unchanged at A-2.

At the same time, in line with its criteria on regulatory ring-fencing risk for UK utility holding companies, Standard & Poor's has lowered United Utilities PLC's long term issuer credit rating to BBB- and short term credit rating to A-3.

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