London, 16 September 2015 -- Moody's Investors Service upgraded the long-term issuer and senior unsecured ratings of Motability Operations Group plc (MO) to A1 stable from A2 positive. The ratings upgrade reflects MO's continued capital build, reinforced by improved risk controls and enhanced value proposition for customers. MO's exposure to residual value risk in the fleet, as well as insurance risk, is mitigated by the firm's continued conservative approach and track record in managing both risks. Concurrently, Moody's has affirmed MO's Prime 1 short-term ratings.
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