Rating agency reports
Credit ratings as of March 2012:
| Standard & Poor's | Moody's | Fitch | |
|---|---|---|---|
| Long-term rating | AA+ | Aa1 | AA+ |
| Outlook | Stable | Negative | Negative |
| Short-term rating | A-1+ | P-1 | F-1 |
Standard & Poor's
- S&P report - May 2011 (PDF 456KB)
- S&P report - December 2010 (PDF 422KB)
- S&P report - October 2010 (PDF 419KB)
- S&P assigns A -1+ short-term rating to TfL - July 2010 (PDF 423KB)
- S&P affirms TfL's AA rating on tube Lines acquisition - May 2010 (PDF 357KB)
- S&P report - April 2010 (PDF 509KB)
- S&P report - March 2009 (PDF 502KB)
- S&P press release March 2009 - AA rating affirmed (PDF 418KB)
- S&P press release September 2008: No Change To Transport for London Rating Following Arbiter's Guidance (PDF 329KB)
- S&P report - February 2008 (PDF 420KB)
- S&P press release January 2008: 'AA' status affirmed (PDF 437KB)
Standard & Poor's, a division of The McGraw-Hill Companies, Inc., provides independent financial information, analytical services, and credit ratings to the world's financial markets.
Moody's
- Moody's credit opinion - February 2012 (PDF 85KB)
- Moody's takes action on European sub-sovereigns - February 2012 (PDF 64KB)
- Moody's report - January 2012 (PDF 1.1MB)
- Moody's credit opinion - December 2010 (PDF 71KB)
- Moody's assigns P-1 rating to TfL - July 2010 (PDF 40KB)
- Moody's credit opinion - June 2010 (PDF 68KB)
- Moody's report - June 2010 (PDF 474KB)
- Moody's credit opinion - November 2009 (PDF 45KB)
- Moody's report - April 2008 (PDF 81KB)
Fitch
- Fitch Ratings press release: Outlook revised - March 2012 (PDF 50KB)
- Fitch Ratings report - March 2012 (PDF 497KB)
- Fitch Ratings report - March 2011 (PDF 301KB)
- Fitch assigns F -1+ short-term rating to TfL's CP Programme - July 2010 (PDF 25KB)
- Fitch Ratings press release: AA status affirmed on acquisition of Tube Lines - June 2010 (PDF 15KB)
- Fitch Ratings report - February 2010 (PDF 318 KB)
- Fitch Ratings press release: 'AA' status affirmed - February 2010 (PDF 84KB)
- Fitch Ratings report - February 2009 (PDF 240KB)
- Fitch Ratings press release: 'AA' status affirmed - February 2009 (PDF 76KB)
- Fitch Ratings report - February 2008 (PDF 18KB)
- Fitch Ratings press release: 'AA' status affirmed - February 2008 (PDF 332KB)
Transport for London