BRIEF-Moody's Affirms Hopson's B2 Rating Changes Outlook To Negative


Reuters | Updated: 15-10-2021 19:10 IST | Created: 15-10-2021 19:10 IST
BRIEF-Moody's Affirms Hopson's B2 Rating Changes Outlook To Negative

Hopson Development Holdings Ltd : * MOODY'S AFFIRMS HOPSON'S B2 RATING; CHANGES OUTLOOK TO NEGATIVE

* MOODY'S SAYS CHANGE IN OUTLOOK REFLECTS EXPECTATION THAT HOPSON'S CONTRACTED SALES WILL FALL OVER NEXT 6-12 MONTHS BECAUSE OF WEAKER CONSUMER SENTIMENT * MOODY'S SAYS AFFIRMATION REFLECTS EXPECTATION THAT HOPSON WILL HAVE LIQUIDITY TO TEMPER RISKS ASSOCIATED WITH DIFFICULT CONDITIONS OVER NEXT 6-12 MONTHS Source text for Eikon: Further company coverage:

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