London, 13 November 2013 -- Moody's Investors Service, ("Moody's") has today changed to stable from positive the outlook on the Baa1 ratings of the GBP446 million of fixed rate guaranteed senior secured bonds (the "Bonds") due 2042 issued by Peterborough (Progress Health) plc ("ProjectCo"), a GBP14.5 million liquidity facility and a GBP7.2 million change in law facility (together the "Standby Facilities") reflecting the exposure of ProjectCo to swap counterparty risk with the Royal Bank of Scotland plc ("RBS") rated A3, negative. Concurrently, Moody's has affirmed these ratings.
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