Babcock International Group PLC: Rating Report

On 16 September 2020, DBRS Morningstar confirmed the Issuer Rating and the Senior Unsecured Debt rating of Babcock International Group PLC at BBB. The trends remain Stable. Even though the Coronavirus Disease (COVID-19) pandemic is weighing significantly on Babcock's financial profile, DBRS Morningstar expects that in conjunction with Babcock's sound business profile, the Company’s key financial metrics will remain supportive of the assigned rating category. For more insight, see the rating report.