|
|
 |
|
Viewing report
|
|
|
|
Bulletin: Public Authority for Colorado Energy Gas Prepay Bond Rating Unaffected Re: Counterparty Downgrade Feb 12
Standard & Poors, Feb 2012
Abstract
NEW YORK (Standard & Poor's) Feb. 7, 2012--Standard & Poor's Ratings Services said today that the Jan. 23, 2012 rating downgrade to 'A' from 'A+' on Cr-dit Agricole Corporate and Investment Bank (CACIB; A/Stable/A-1) does not affect the current rating or outlook on Public Authority for Colorado Energy's (PACE) series 2008 (A-/Negative). (See 'Credit Agricole And Most Core Subsidiaries Long-Term Ratings Lowered To 'A' Following Action On France; Outlook Stable' published Jan. 23, 2012 on RatingsDirect on the Global Credit Portal.) The lowering of the long-term rating on CACIB followed the lowering of the sovereign rating on the Republic of France. (See 'France's Unsolicited Long-Term Ratings Lowered To 'AA+'; Outlook Negative,' published Jan. 13, 2012.) The rating on PACE is...
Companies mentioned in this report are: Public Authority for Colorado Energy (Gas Prepay)
Action: Bulletin
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.
|
|
|
|
