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Published on 12/18/2023 in the Prospect News Bank Loan Daily, Prospect News Green Finance Daily, Prospect News High Yield Daily and Prospect News Investment Grade Daily.

Fitch hikes British Airways certificate

Fitch Ratings said it upgraded British Airways plc’s pass-through certificates, series 2018-1 (BA EETC 2018-1) class A notes to A- from BBB+ and affirmed British Airways pass-through trust series 2013-1 (BA EETC 2013-1), British Airways pass-through certificates 2018-1 (BA EETC 2018-1) class AA certificates and British Airways pass-through certificates, series 2020-1 (BA EETC 2020-1) class A and B certificates.

The higher rating reflects the upgrade of British Airways’ issuer default rating, the agency said.


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