Moody's Investors Service (Moody's) has today confirmed the Baa1 corporate family rating (CFR) of Affinity Water Limited (Affinity Water) as well as the A3 senior secured debt rating of Class A notes and Baa3 subordinated rating of Class B notes issued by its finance subsidiaries and guaranteed by Affinity Water. Today's rating confirmation reflects Moody's view that, going into AMP7, Affinity Water has the capacity to maintain financial ratios in line with guidance for its current ratings and that any underperformance against regulatory assumptions may be mitigated by management action to defend credit quality.