Wellington Regional Leadership Committee — S&P Global Ratings Research Update for WRC Holdings Ltd., February 2023

Published Date Tue 21 Feb 2023

Document topic Council-Controlled Organisations
Document topic Finance
Document topic S&P Global Ratings
Document category Report

Our long-term ‘AA+’ issuer credit ratings on WRC Holdings Ltd. (WRCH) reflect our assessment that there is an almost-certain likelihood Greater Wellington Regional Council (Greater Wellington) would provide extraordinary support to the company in a distress scenario.