New Hampshire St. Business Finance Authority Credit Rating

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Date	Document Type	Title	Source
31 Mar 2023	Rating Action	Moody's upgrades Anheuser-Busch InBev to A3; affirms P-2 short term rating; outlook stable	Moody's Investors Service
29 Sep 2022	Rating Action	Moody's affirms ABI's Baa1/P-2 ratings; changes outlook to positive	Moody's Investors Service
30 Mar 2020	Rating Action	Moody's affirms Anheuser-Busch InBev's Baa1/P-2 ratings; assigns Baa1 to new MTN notes, outlook stable	Moody's Investors Service
10 Dec 2018	Rating Action	Moody's Downgrades Anheuser-Busch InBev to Baa1; affirms Prime-2; Outlook stable	Moody's Investors Service
01 Oct 2018	Rating Action	Moody's places ABI's A3 senior unsecured ratings on review for downgrade; affirms Prime-2	Moody's Investors Service
19 Jul 2016	Rating Action	Moody's upgrades Public Service Co. of New Hampshire to A3 from Baa1; outlook is stable	Moody's Investors Service
25 May 2016	Rating Action	Moody's downgrades ABI ratings to A3/Prime-2; assigns definitive A3 to new bonds; outlook stable	Moody's Investors Service
13 Oct 2015	Rating Action	Moody's reviews Anheuser-Busch InBev's A2/ Prime-1 ratings for downgrade	Moody's Investors Service
16 Sep 2015	Rating Action	Moody's changes ABI's outlook to developing from positive	Moody's Investors Service
20 Mar 2014	Rating Action	Moody's upgrades Anheuser-Busch InBev's long-term rating to A2; Outlook positive	Moody's Investors Service
31 Jan 2014	Rating Action	Moody's upgrades NU and five subsidiaries, outlooks stable	Moody's Investors Service
30 Jan 2014	Rating Action	Moody's assigns Baa1 Issuer Rating to Iberdrola USA; upgrades IUSA's regulated subsidiaries by one notch	Moody's Investors Service
30 Jan 2014	Rating Action	Moody's upgrades UIL and subsidiaries by one notch; outlooks are stable	Moody's Investors Service
20 Jan 2014	Rating Action	Moody's places ABI's A3/ Prime-2 ratings on review for upgrade	Moody's Investors Service
09 Apr 2012	Rating Action	Moody's downgrades NSTAR, NSTAR Electric, and Connecticut Light & Power; affirms NU and its other subsidiaries	Moody's Investors Service
27 Mar 2012	Rating Action	Moody's upgrades Anheuser Busch InBev to A3; Outlook positive	Moody's Investors Service
08 Mar 2011	Rating Action	Moody's upgrades ABI to Baa1; outlook stable (Belgium)	Moody's Investors Service
15 Mar 2010	Rating Action	Moody's downgrades Stanley Black & Decker ratings to Baa1; outlook stable	Moody's Investors Service
10 Dec 2009	Rating Action	Moody's Affirms Pennichuck Water Works, Inc.'s Baa3 Rating; Outlook Stable	Moody's Investors Service
02 Nov 2009	Rating Action	Moody's places The Stanley Works A3 rating under review for possible downgrade	Moody's Investors Service
03 Aug 2009	Rating Action	Moody's upgrades most senior secured ratings of investment-grade regulated utilities by one notch	Moody's Investors Service
16 Apr 2009	Rating Action	Moody's downgrades Stanley Works to A3 from A2, outlook stable	Moody's Investors Service
09 Apr 2009	Rating Action	Correction to text and headline, April 8, 2009 release: Moody's downgrades Energy East's bank credit facility rating and ratings of subs	Moody's Investors Service
22 Jan 2009	Rating Action	Moody's places Stanley Works' ratings under review for possible downgrade	Moody's Investors Service
29 Sep 2008	Rating Action	Moody's assigns Baa2 ratings to InBev; downgrades Anheuser Busch to Baa2/Prime-2; stable outlook	Moody's Investors Service
16 Sep 2008	Rating Action	Moody's reviews Energy East and subs for downgrade	Moody's Investors Service
25 Jun 2008	New Issue	MOODY'S ASSIGNS Aa2/VMIG 1 BUSINESS FINANCE AUTHORITY OF THE STATE OF NEW HAMPSHIRE COMMERCIAL FACILITY TAX-EXEMPT REVENUE BONDS (NEW HAMPSHIRE PUBLIC RADIO PROJECT), SERIES 2008A AND SERIES 2008B	Moody's Investors Service
12 Jun 2008	Rating Action	Moody's reviews Bud's A2/P-1 ratings for downgrade	Moody's Investors Service
01 Aug 2006	Rating Action	MOODY'S DOWNGRADES PUBLIC SERVICE COMPANY OF NEW HAMPSHIRE TO Baa1 FROM A3 (SR. SEC.); OUTLOOK IS STABLE	Moody's Investors Service
17 Apr 2006	Rating Action	MOODY'S PLACES RATINGS OF PUBLIC SVC. CO. OF NEW HAMPSHIRE (A3 SR. SEC.) ON REVIEW FOR POSSIBLE DOWNGRADE; REVISES RATING OUTLOOK OF YANKEE GAS TO NEGATIVE FROM STABLE	Moody's Investors Service
05 Dec 2005	Rating Action	MOODY'S DOWNGRADES INTERNATIONAL PAPER'S DEBT RATINGS TO Baa3 AND P-3	Moody's Investors Service
07 Oct 2005	Rating Action	MOODY'S ASSIGNS Aaa RATING BASED ON BOND INSURANCE AND Baa3 UNDERLYING RATING TO REVENUE BONDS WITH PENNICHUCK WATER WORKS AS THE UNDERLYING BORROWER	Moody's Investors Service
20 Jul 2005	Rating Action	MOODY'S PLACES INTERNATIONAL PAPERS' DEBT RATINGS ON REVIEW FOR POSSIBLE DOWNGRADE FOLLOWING ANNOUNCEMENT OF PENDING BUSINESS TRANSFORMATION	Moody's Investors Service
16 Feb 2005	Rating Action	MOODY'S DOWNGRADES NORTHEAST UTILITIES TO Baa2 FROM Baa1 (Sr. Unsec.), AND DOWNGRADES FOUR OF ITS SUBSIDIARIES; RATING OUTLOOK IS STABLE	Moody's Investors Service
19 Jan 2005	Rating Action	MOODY'S PLACES RATINGS OF NORTHEAST UTILITIES AND ITS SUBSIDIARIES UNDER REVIEW FOR POSSIBLE DOWNGRADE	Moody's Investors Service
16 Sep 2004	Rating Action	MOODY'S DOWNGRADES UIL HOLDINGS CORPORATION (ISSUER RATING TO Baa3) AND THE UNITED ILLUMINATING COMPANY (SR. UNSEC. TO Baa2); RATING OUTLOOK STABLE FOR BOTH COMPANIES	Moody's Investors Service
16 Apr 2004	Rating Action	MOODY'S DOWNGRADES UIL HOLDINGS CORPORATION (ISSUER RATING TO Baa2) AND THE UNITED ILLUMINATING COMPANY (SR. UNSEC. TO Baa1); RATINGS REMAIN ON REVIEW FOR POSSIBLE FURTHER DOWNGRADE	Moody's Investors Service
14 Oct 2003	Rating Action	MOODY'S PLACES RATINGS OF UIL HOLDINGS CORP. (Baa1 ISSUER RATING) AND THE UNITED ILLUMINATING COMPANY (A3 SR. UNSEC.) UNDER REVIEW FOR POSSIBLE DOWNGRADE	Moody's Investors Service
16 May 2003	Rating Action	MOODY'S CONFIRMS RATINGS OF NORTHEAST UTILITIES (SR. UNSEC. AT Baa1) AND CONNECTICUT LIGHT AND POWER (SR. SEC. AT A2); CHANGES RATINGS OUTLOOK OF BOTH COMPANIES TO NEGATIVE FROM STABLE	Moody's Investors Service
10 Oct 2002	Rating Action	MOODY'S CONFIRMS STANLEY WORKS (THE) A2 LONG TERM RATING AND PRIME-1 SHORT TERM RATING; OUTLOOK STABLE	Moody's Investors Service
16 Apr 2002	Rating Action	MOODY'S DOWNGRADES ENERGY EAST CORPORATION'S UNSECURED RATINGS TO Baa2; ALSO DOWNGRADES RATINGS OF CERTAIN ENERGY EAST SUBSIDIARIES, WHILE CONFIRMING OTHERS; CONCURRENTLY, ROCHESTER GAS & ELECTRIC CORPORATION'S RATINGS DOWNGRADED (SR. SEC.TO Baa1)	Moody's Investors Service
12 Nov 2001	Rating Action	MOODY'S RAISES NORTHEAST UTILITES (SR. UNSEC. TO Baa1) AND AFFILITATE RATINGS	Moody's Investors Service
05 Nov 2001	Rating Update	MOODY'S RAISES RATING TO Aa1/VMIG 1 FROM A1/VMIG 1 FOR THE BUSINESS FINANCE AUTHORITY OF THE STATE OF NEW HAMPSHIRE, REVENUE BONDS, (SCI MANUFACTURING, INC. PROJECT), SERIES 1989.	Moody's Investors Service
17 Aug 2001	Rating Action	MOODY'S LOWERS INTERNATIONAL PAPER DEBT RATINGS; SENIOR UNSECURED TO Baa2; CONFIRMS SHORT TERM RATING AT PRIME-2	Moody's Investors Service
03 Aug 2001	Rating Action	MOODY'S PLACES Baa1 SENIOR UNSECURED DEBT RATINGS OF INTERNATIONAL PAPER UNDER REVIEW FOR POSSIBLE DOWNGRADE; CONFIRMS SHORT TERM RATING AT PRIME-2	Moody's Investors Service
21 Feb 2001	Rating Action	MERGER PARTNERS ENERGY EAST (SR. UNSEC. Baa1) AND ROCHESTER GAS AND ELECTRIC CORPORATION (SR. SEC. A3) PLACED UNDER REVIEW FOR POSSIBLE DOWNGRADE BY MOODY'S INVESTORS SERVICE	Moody's Investors Service
01 Feb 2001	Rating Action	MOODY'S PLACES PRIME-1 RATING OF NATIONAL GRID USA UNDER REVIEW FOR POSSIBLE DOWNGRADE; CONFIRMS RATINGS OF AFFILIATES AND NIAGARA MOHAWK POWER CORPORATION	Moody's Investors Service
22 Jun 2000	Rating Action	MOODY'S UPGRADES LONG-TERM SECURITY RATINGS OF THE UNITED ILLUMINATING COMPANY (SR. UNSEC. TO A3)	Moody's Investors Service
09 Jun 2000	Rating Action	MOODY'S ASSIGNS FIRST-TIME (P)Baa1 RATING TO ENERGY EAST CORPORATION'S SHELF REGISTRATION OF DEBT SECURITIES; ALSO UPGRADES CENTRAL MAINE POWER COMPANY'S CREDIT RATINGS (SR.UNSEC. TO A3)	Moody's Investors Service
15 May 2000	Rating Action	MOODY'S CONFIRMS INTERNATIONAL PAPER COMPANY'S AND CHAMPION INTERNATIONAL'S SHORT AND LONG TERM DEBT RATINGS (PRIME-2 COMMERCIAL PAPER RATINGS, Baa1 LONG TERM SENIOR DEBT RATINGS). NEGATIVE RATING OUTLOOK IS ASSIGNED.	Moody's Investors Service

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