Rentokil Initial PLC Credit rating update (7311R)
30 Ottobre 2023 - 12:55PM
UK Regulatory
TIDMRTO
RNS Number : 7311R
Rentokil Initial PLC
30 October 2023
30 October 2023
Credit rating update
Rentokil Initial plc (the "Company") confirms that it has
received credit ratings and research from both Fitch and S&P
Global, with both providers attributing a 'BBB', with a 'Stable'
outlook.
In initiating coverage, Fitch noted the Company's global scale
and market position, strong service execution, and
profitability.
S&P Global acknowledged synergies from the Terminix
acquisition, including improving free operating cash flow and
expected deleveraging.
Fitch rating in full: BBB; Outlook Stable.
S&P Global rating in full: BBB / Stable / A-2
Enquiries :
Investors / Analysts: Peter Russell Rentokil Initial plc +44
(0)7795 166506
Media: Malcolm Padley Rentokil Initial plc +44 (0)7788
978199
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MSCMMBBTMTJJBPJ
(END) Dow Jones Newswires
October 30, 2023 07:55 ET (11:55 GMT)
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