|
|
 |
|
Viewing report
|
|
|
|
Brascan Power Inc. Jul 05
Standard & Poors, July 2005
Abstract
Brascan Power Corp. Senior unsecured debt C$100 mil deb ser 2 due 12/18/2006 (Guarantor: Brascan Power Inc.) C$450 mil 4.65% deb ser 1 due 12/16/2009 (Guarantor: Brascan Power Inc.) Moderate 2006 C$100 mil. 2007 C$0 mil. 2008 C$0 mil. 2009 C$450 mil. Brascan Power Inc. (Brascan Power) has a C$100 million line of credit from Brascan Corp. to support its C$100 million CP program, and a US$200 million bank line of credit (partly used through the provision of LOCs). Diversified generation portfolio Contracted and regulated cash flows Cost-competitive, long-life, and low-risk generation assets Strong relationship with corporate parent, Brascan Corp. Above-average financial flexibility and liquidity Exposure to hydrology risk Wholesale power market exposure Weak credit-protection metrics The ratings on Brascan...
Companies mentioned in this report are: Brookfield Renewable Power Inc.,Brookfield Asset Management Inc.,BRP Finance ULC
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 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: Full Analysis
|
|
|
|
