Business
Credit Rating
Credit Rating.
About this update from Weir Group Plc
[{"type":"text","content":"\n Credit RatingThe Weir Group PLC17 June 2014WEIR GROUP OBTAINS STRONG PUBLIC CREDIT RATINGThe Weir Group PLC (\"Weir\" or \"the Group\") has obtained public credit ratings from Standard & Poor's and Moody's. The Group has been rated BBB+ (stable) by Standard & Poor's and Baa1 (stable) by Moody's. Weir commissioned the credit ratings to expand the range of financing options available to the Group.Weir is committed to retaining a strong investment grade credit rating and a capital structure in line with the parameters outlined in its risk appetite statement, as contained within the Group's 2013 Annual Report.Contact details: The Weir Group PLC Raymond Buchanan, Group Communications Tel: + 44 141 308 3781/ +44 7713 789536 Ross Easton, Communications Manager Tel: + 44 141 308 3779/ + 44 7920 190994Brunswick Group: Patrick Handley / Nina Coad Tel: + 44 207 7404 5959This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.Source: The Weir Group PLC via GlobenewswireHUG#1793712\n \n ","length":2842,"tagName":"div"}]