Credit ratings

We forecast Greater Wellington's operating margins will improve in each of the next three years following an 8% operating deficit in fiscal 2024 (ending June 30, 2024). Driving the improvements will be… Read more here

date_range Published 23 Jan 2025

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Greater Wellington Regional Council Outlook Revised To Negative As Financial Metrics Weaken And Sectorwide Debt Rises
Overview

Greater Wellington Regional Council's operating margins will weaken to less than 3% of operating revenues… Read more here

date_range Published 21 Feb 2024

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WRC Holdings Ltd. (WRCH) benefits from an almost-certain likelihood of receiving timely extraordinary support from its sole owner, Greater Wellington Regional Council, based on its critical role and integral link to the… Read more here

date_range Published 23 Jan 2025

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WRC Holdings Outlook Revised to Negative; 'AA+/A-1+' Ratings Affirmed
Overview

WRC Holdings Ltd. (WRCH) benefits from an almost-certain likelihood of receiving timely extraordinary support from its sole owner, Greater Wellington Regional Council,… Read more here

date_range Published 21 Feb 2024

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