Airports in Europe ask for another year of looser bond terms luxtimes.lu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from luxtimes.lu Daily Mail and Mail on Sunday newspapers.
Airports in Europe Ask for Another Year of Looser Bond Terms bloombergquint.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloombergquint.com Daily Mail and Mail on Sunday newspapers.
COVID-19 has presented unprecedented challenges, and over the past year we ve been focussed on taking swift action to protect the business. We ve made great strides in cutting costs and making the airport more efficient and competitive while expanding our liquidity and protecting investment grade credit ratings. It s great to see this effort recognised by S&P. We will continue to work hard to restore our A- rating in the medium term, and for this to happen the regulator must also deliver on its duties to ensure Heathrow remains financeable. S&P s conclusions are unequivocal - It is now time for the CAA to protect ratings by providing a RAB adjustment and rebalancing urgently investors risks and reward.