GREAT HOLDINGS TITLE RECEIVED BB+ RATING
ARC Ratings, S.A. (‘ARC’) has accorded an indicative, medium-term public rating of ‘BB+(ind)’ to the Series 2019 F1 Notes to be issued by Balise Springs PLC, with stable outlook. Great Holdings is a counterparty to this title. The methodology used is ARC’s Global Structured Finance Rating Criteria (published September 2018) and ARC’s Global Structurally Enhanced Corporate Bonds Rating Criteria (published March 2018). These methodologies are available on www.arcratings.com.