|
|
 |
|
Viewing report
|
|
|
|
Allegheny Energy Supply's 'BBB-' Credit Rating Affirmed On Planned Merger Of FirstEnergy Corp. And Allegheny Energy Inc. Feb 10
Standard & Poors, Feb 2010
Abstract
Standard & Poor's affirmed the 'BBB-' corporate credit rating on unregulated power generator, Allegheny Energy Supply Co. LLC. The affirmation follows the announcement of a planned merger of parent Allegheny Energy Inc. and FirstEnergy Corp. Current ratings continue to reflect the consolidated credit quality of Allegheny Energy Inc. If the merger is eventually approved, the parent's credit profile will be subsumed under the credit quality of the combined entity, which will include an assessment of the strategy and merger synergies from scope and scale of operations, but also the cost to achieve those synergies. NEW YORK (Standard & Poor's) Feb. 11, 2010--Standard & Poor's Ratings Services affirmed its 'BBB-' corporate credit rating on Allegheny Energy Supply Co. LLC (Allegheny Energy)....
Companies mentioned in this report are: Allegheny Energy Supply Co. LLC
Action: Affirmed
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.
|
|
|
|
