|
|
 |
|
Viewing report
|
|
|
|
AES Dominicana Energia's $160 Million Bonds Are Rated 'B-' Nov 05
Standard & Poors, Nov 2005
Abstract
NEW YORK (Standard & Poor's) Nov. 30, 2005--Standard & Poor's Ratings Services said today that it assigned its 'B-' rating to AES Dominicana Energia Finance S.A.'s $160 million senior notes due 2015. The outlook is stable. AES Dominicana is a special purpose financing entity that will issue the bonds and on-lend the funds to its parent AES Andres B.V. to repay with AES Andres' loan facility, for working capital, and to return a $26 million security deposit to Dominican Power Partners (DPP), which in turn will repay its loan facility. AES Dominicana manages two of The AES Corp.'s (B+/Positive/--) wholly owned generating facilities, Andres and DPP. 'The stable outlook reflects that of the Dominican Republic and AES Dominicana's improved prospects...
Companies mentioned in this report are: AES Corp. (The),Dominican Republic
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 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.
|
|
|
|
