TIDM40CT

RNS Number : 8428K

Transport For London

09 May 2022

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No 596/2014 (as it forms part of Retained EU Law as defined in the European Union (Withdrawal) Act 2018).

Transport for London (TfL)

9 May 2022

Transport for London Moody's Credit Rating

Transport for London ("TfL") announces t hat on 9 May 2022, Moody's Public Sector Europe ("Moody's") downgraded the long-term rating for TfL to Baa1 from A3. The outlook has moved from negative to stable.

Moody's confirmed the short-term rating for TfL remains P-2.

For further information, please contact:

Transport for London

5 Endeavour Square

London E20 1JN

Email: GroupTreasury@tfl.gov.uk

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