• +353-1-415-1241(GMT OFFICE HOURS)
  • 1-800-526-8630(US/CAN TOLL FREE)
  • 1-917-300-0470(EST OFFICE HOURS)
S&P Affirms East Midlands Electricity Ratings Dec 95 Product Image

S&P Affirms East Midlands Electricity Ratings Dec 95

  • Published: December 1995
  • Standard & Poors

Abstract
LONDON -- Standard & Poor's CreditWire 12/15/95 -- Standard & Poor's affirms its double-`A' long-term and its `A-1'-plus short-term rating on East Midlands Electricity PLC (EME) and maintains its negative long-term rating outlook. The rating affirmation accounts for the financial effects of the recently announced special dividend. The ratings continue to reflect the company's cash generative core business, a stable regulatory environment, and reduced involvement in noncore activities. In the fall of 1994, the company offered its shareholders a UK187 million special dividend as part of its balance sheet restructuring. On Dec. 13, 1995 EME confirmed its intention to offer its National Grid shares to shareholders, and announced a further special dividend of UK238.1 million payable at fiscal 1996 year-end....

Companies mentioned in this report are:
- Western Power Distribution (East Midlands) PLC

Action: New Rating

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 READ MORE >

- Western Power Distribution (East Midlands) PLC

Note: Product cover images may vary from those shown

RELATED PRODUCTS

  • Summary: PPL WW Holdings Ltd. Dec 11 - Product Thumbnail Image Summary: PPL WW Holdings Ltd. Dec 11

    Summary: PPL WW Holdings Ltd. Dec 11

    • Language: English
    • Published: December 2011
  • Summary: PPL WEM Holdings PLC Dec 11 - Product Thumbnail Image Summary: PPL WEM Holdings PLC Dec 11

    Summary: PPL WEM Holdings PLC Dec 11

    • Language: English
    • Published: December 2011
  • PPL WEM Holdings PLC Jul 12 - Product Thumbnail Image PPL WEM Holdings PLC Jul 12

    PPL WEM Holdings PLC Jul 12

    • Language: English
    • Published: July 2012
  • PPL WW Holdings Ltd. Jul 12 - Product Thumbnail Image PPL WW Holdings Ltd. Jul 12

    PPL WW Holdings Ltd. Jul 12

    • Language: English
    • Published: July 2012
  • Summary: PPL WW Holdings Ltd. Jul 12 - Product Thumbnail Image Summary: PPL WW Holdings Ltd. Jul 12

    Summary: PPL WW Holdings Ltd. Jul 12

    • Language: English
    • Published: July 2012
  • Summary: PPL WEM Holdings PLC Jul 12 - Product Thumbnail Image Summary: PPL WEM Holdings PLC Jul 12

    Summary: PPL WEM Holdings PLC Jul 12

    • Language: English
    • Published: July 2012
  • PPL Corp. Oct 12 - Product Thumbnail Image PPL Corp. Oct 12

    PPL Corp. Oct 12

    • Language: English
    • Published: October 2012
  • LG&E and KU Energy LLC Nov 11 - Product Thumbnail Image LG&E and KU Energy LLC Nov 11

    LG&E and KU Energy LLC Nov 11

    • Language: English
    • Published: November 2011
  • PPL Corp. Oct 11 - Product Thumbnail Image PPL Corp. Oct 11

    PPL Corp. Oct 11

    • Language: English
    • Published: October 2011
  • East Midlands Housing Group Ltd Jan 14 - Product Thumbnail Image East Midlands Housing Group Ltd Jan 14

    East Midlands Housing Group Ltd Jan 14

    • Language: English
    • Published: January 2014