• +353-1-415-1241(GMT OFFICE HOURS)
  • 1-800-526-8630(US/CAN TOLL FREE)
  • 1-917-300-0470(EST OFFICE HOURS)
Seminole Electric Cooperative Issuer Credit Rating Lowered To 'A-'; Outlook Stable Product Image

Seminole Electric Cooperative Issuer Credit Rating Lowered To 'A-'; Outlook Stable

  • Published: July 2005
  • Standard & Poors

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.

Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.

Abstract
NEW YORK (Standard & Poor's) July 29, 2005--Standard & Poor's Ratings Services said today that it lowered its issuer credit rating on the Florida electric utility, Seminole Electric Cooperative, to 'A-' from 'A'. The outlook is stable. As of March 31, 2005, the Tampa, Fla.-based electric cooperative had about $705 million in total debt outstanding. "The rating action reflects the cooperative's weak READ MORE >

Seminole Elec Coop

Note: Product cover images may vary from those shown

RELATED PRODUCTS