Heathrow Funding’s debt put on CreditWatch with negative implications

LONDON, UK: Standards & Poor’s has put Heathrow Funding Limited’s Class A and B debt on CreditWatch with negative implications, pending the CAA’s final decision on H7 this summer. Based on the regulator’s statutory duty, S&P’s assessment relies on the CAA taking a balanced approach such that Heathrow Funding can recover and sustain credit metrics…