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Research Update: Xcel Energy Inc May 03 Product Image

Research Update: Xcel Energy Inc May 03

  • Published: May 2003
  • Standard & Poors

FEATURED COMPANIES

  • Northern States Power Co.
  • NRG Energy Inc.
  • Xcel Energy Inc.
  • MORE

Abstract
(Editor's note: In the research update on Xcel Energy Inc. originally published on May 14, 2003, the number of creditors who have signed the NRG Energy Inc. settlement agreement was incorrectly noted in the second paragraph. A corrected version follows.) On May 14, 2003, Standard & Poor's Ratings Services revised its CreditWatch implications for the long-term ratings on Xcel Energy Inc. (BBB/Watch Pos/A-2) and its regulated utility subsidiaries to positive from developing. Standard & Poor's also raised its short-term corporate credit and commercial paper ratings on the company to 'A-2' from 'A-3' and removed the short-term ratings from CreditWatch. A significant number of creditors of subsidiary NRG Energy Inc. (D/--/--) have signed the settlement agreement. Xcel Energy expects additional signatures...

Companies mentioned in this report are:
- Xcel Energy Inc.
- Northern States Power Co.
- Northern States Power Wisconsin
- Public Service Co. of Colorado
- Southwestern Public Service Co.
- NRG Energy Inc.

Action: CreditWatch Update

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, READ MORE >

- Xcel Energy Inc.
- Northern States Power Co.
- Northern States Power Wisconsin
- Public Service Co. of Colorado
- Southwestern Public Service Co.
- NRG Energy Inc.

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