Moody's: Northumbrian view upgraded to stable

Moody's Investors Service said it affirmed the Baa1 issuer rating of Northumbrian Water Ltd. as well as the backed senior unsecured ratings of the various bonds issued by Northumbrian Water Finance plc, which are guaranteed by Northumbrian Water.

The outlook was changed to stable from negative.

Moody's said the action follows the completion of the acquisition in October of Northumbrian Water Group plc by UK Water (2011) Ltd.

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