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Hamilton Utilities Corp. 'A' CCR Affirmed On Strength Of Stable Regulated LDC Business; Outlook Stable
Standard & Poors, April 2011
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.
We are affirming our 'A' long-term corporate credit rating on Hamilton Utilities Corp. (HUC). We base the affirmation on the strength of HUC's stable regulated LDC business. The stable outlook reflects what we view as a predictable regulated business with an intermediate financial risk profile comparable to that of similarly rated LDCs in Ontario. TORONTO (Standard & Poor's) April 28, 2011--Standard & Poor's Ratings Services today said it affirmed its 'A' long-term corporate credit rating on Ontario-based Hamilton Utilities Corp. (HUC). The outlook is stable. "We base the affirmation on HUC on the excellent business risk profile of its key subsidiary Horizon Holdings Inc.," said Standard & Poor's credit analyst Greg Pau. The ratings on HUC reflect what we view...
Companies mentioned in this report are: Hamilton Utilities Corp
Action: Outlook: Stable
Hamilton Utilities Corp