|
|
 |
|
Viewing report
|
|
|
|
Allegheny Energy Inc. and Sub Assigned Ratings; West Penn Power Co. Upgraded Mar 00
Standard & Poors, March 2000
Abstract
NEW YORK (Standard & Poor's CreditWire) March 17, 2000--Standard & Poor's today assigned its single-'A'-plus corporate credit rating to Allegheny Energy Inc. and its unregulated generating subsidiary Allegheny Energy Supply Co. LLC (AE Supply). At the same time, Standard & Poor's assigned its 'A-1' short-term corporate credit rating to AE Supply and its 'A-1' rating to AE Supply's $300 million commercial paper program. Furthermore, Standard & Poor's raised its ratings on the senior unsecured debt of Allegheny Energy Inc.'s regulated transmission and distribution subsidiary West Penn Power Co. (WPP) to single-'A'-plus from single-'A', to reflect the retirement of all first mortgage bonds; Standard & Poor's also affirmed the corporate credit, quarterly income deferred securities, and commercial paper ratings on WPP....
Companies mentioned in this report are: Allegheny Energy Inc.,Monongahela Power Co.,Potomac Edison Co.,West Penn Power Co.,Allegheny Generating Co.,Allegheny Energy Supply Co. LLC
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.
|
|
|
|
