Peabody downgraded to BBB+ by S&P

By Matilda Battersby 2025-07-03T08:19:00

Ratings agency says provider’s 2025 financial performance ’materially below’ forecast

Peabody, one of the largest social landlords in England, has had its credit rating lowered by S&P Global Ratings after it showed a “weaker” fiscal year than anticipated.

The ratings agency reduced the G15 landlord’s credit rating from A- to BBB+.

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