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RTE EDF Transport 'AA-/A-1+' Ratings Placed On CreditWatch Negative On Similar Action On France Dec 11 Product Image

RTE EDF Transport 'AA-/A-1+' Ratings Placed On CreditWatch Negative On Similar Action On France Dec 11

  • Published: December 2011
  • Region: France
  • Standard & Poors

Abstract
We placed our 'AAA' long-term unsolicited sovereign credit rating on the Republic of France on CreditWatch negative on Dec. 5, 2011. In accordance with our criteria on government-related entities, we placed our 'AA-/A-1+' long- and short-term corporate credit ratings on French electricity transmission system operator RTE EDF Transport S.A. (RTE) on CreditWatch negative on Dec. 8, 2011. The CreditWatch placement on RTE reflects that on the sovereign and our opinion that a downgrade of the sovereign is likely to result in a downgrade of RTE. LONDON (Standard & Poor's) Dec. 12, 2011--As previously announced, on Dec. 8, 2011, Standard & Poor's Ratings Services placed its 'AA-/A-1+' long- and short-term corporate credit ratings on French electricity transmission system operator RTE EDF...

Companies mentioned in this report are: RTE EDF Transport S.A.
Action: On CreditWatch:Negative

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 READ MORE >

RTE EDF Transport S.A.

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