Fitch gives Virgin Money note program BBB+

Fitch Ratings said it assigned Virgin Money plc's £3 billion global medium term note program a BBB+ rating.

The rating applies only to issuance of senior unsecured notes by Virgin Money and not for issuance by its parent, Virgin Money Holdings (UK) plc.

The rating is a senior program rating and does not imply that the rating will be assigned to all notes issued under the program.

The senior program rating is in line with Virgin Money’s BBB+ issuer default rating.

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