Credit Rating

UDC has been given a BBB credit rating by Standard & Poor’s. This is an investment grade rating.

Standard & Poor’s gives credit ratings from AAA Extremely Strong through to C Currently Highly Vulnerable. A credit rating is an independent opinion of the capability and willingness of an entity to repay its debts (in other words, its creditworthiness). It is not a guarantee that the financial product being offered is a safe investment. A credit rating should be considered alongside all other relevant information when making an investment decision. Standard & Poor’s latest credit ratings can be found online at www.standardandpoors.co.nz

 

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