- Language: English
- 96 Pages
- Published: February 2012
- Region: South Korea
Research Update: Exelon Corp. Ratings Affirmed; Constellation Energy Ratings Raised, Then Withdrawn After Merger Completion Mar 12
- Published: March 2012
- Standard & Poors
Chicago-based diversified energy company Exelon Corp. has completed its merger with Constellation Energy Group Inc. We are affirming our 'BBB' corporate credit ratings on Exelon Corp. and its subsidiaries, Commonwealth Edison Co., PECO Energy Co., and Exelon Generation Co. LLC. Our outlook on the ratings is stable. We raised our corporate credit ratings on Constellation Energy Group to 'BBB' from 'BBB-'. We have subsequently withdrawn the ratings as Constellation has merged into Exelon. We are affirming the senior unsecured debt ratings of Constellation at 'BBB-'. Exelon has assumed this debt. On March 23, 2012, Standard & Poor's Ratings Services affirmed its 'BBB' corporate credit rating on Chicago-based diversified energy company Exelon Corp. At the same time, we affirmed our corporate...
Companies mentioned in this report are: Exelon Corp.,Baltimore Gas & Electric Co.,Commonwealth Edison Co.,PECO Energy Co.,Constellation Energy Group Inc.,Exelon Generation Co. LLC
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Product Type: Research Update
Research updates complement media releases. They offer more depth and detail than summary analyses by incorporating all information published in the media release. They are more up to date than summaries in that they are published simultaneously with media releases.
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Exelon Corp.,Baltimore Gas & Electric Co.,Commonwealth Edison Co.,PECO Energy Co.,Constellation Energy Group Inc.,Exelon Generation Co. LLC
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