The Weir Group PLC
17 June 2014
WEIR GROUP OBTAINS STRONG PUBLIC CREDIT RATING
The 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 190994 |
Brunswick Group: Patrick Handley / Nina Coad | Tel: + 44 207 7404 5959 |