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ALABAMA POWER CO. Nov 97
Standard & Poors, Nov 1997
Abstract
Corporate Credit Rating A+/Stable/A-1 Business Profile: 4 Utility business profiles are categorized from 1 (strong) to 10 (weak). Outstanding Ratings Alabama Power Co. CP A-1 Sr secd debt A+ Sr unsecd debt A Pfd stk A Southern Co. CP A-1 Pfd stk A- Columbia Fuels Inc. CP A-1 Alabama Power Capital Trust I Pfd stk A Georgia Power Co. CP A-1 Sr secd debt A+ Sr unsecd debt A Pfd stk A Georgia Power Capital L.P. Pfd stk A- Gulf Power Co. Sr secd debt AA- Sr unsecd debt A Sub debt A Pfd stk A Mississippi Power Co. Sr secd debt A+ Pfd stk A Savannah Electric & Power Co. Sr secd debt AA- Sr unsecd debt A Pfd...
Companies mentioned in this report are: Alabama Power Co.
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: Commentary
Criteria articles describe the thought process and methodology Standard & Poor's analysts use in determining ratings. These commentary pieces discuss both the quantitative (economic and financial) and qualitative (business analysis and caliber of management) aspects of the analysis, as well as legal issues.
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