0 CHECKOUT

Summary: NiSource Inc. Sep 11

  • ID: 1927372
  • September 2011
  • Standard & Poors

Abstract
The rating on Merrillville, Ind.-based NiSource Inc. reflects an excellent business risk profile and an aggressive financial risk profile. Standard & Poor's Ratings Services bases the rating on the consolidated business and financial risk profiles of its subsidiaries Northern Indiana Public Service Co. (NIPSCO; BBB-/Stable/--), Bay State Gas Co. (BBB-/Stable/--), and Columbia Energy Group (CEG; not rated). NiSource is involved in regulated natural gas distribution (nearly 40% of operating income), gas transmission and storage (roughly 35%), and vertically integrated electric operations (about 25%). As of June 30, 2011, NiSource had about $7.2 billion of total reported debt. A business strategy centered almost exclusively on regulated businesses, a diverse service area that encompasses seven states, and the low operating risks of...

Companies mentioned in this report are: NiSource Inc.
Action: Review

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 READ MORE >

Note: Product cover images may vary from those shown

NiSource Inc.

Note: Product cover images may vary from those shown
Note: Product cover images may vary from those shown

PLEASE SELECT A FORMAT

  • Quick Help: This Credit Rating Report will be emailed to you.

HAVE A QUESTION?

If you have a more general question about our products please try our

FAQ SECTION

RELATED PRODUCTS

Our Clients

  • Fluidigm Corporation
  • Apple, Inc.
  • CEVA Santé Animale
  • Abbott Laboratories Ltd.
  • Merck Group
  • Allergan Inc.
  • Pfizer, Inc.