- Language: English
- 1539 Pages
- Published: March 2012
- Region: Global
CE Oaxaca Dos, S. de R.L. de C.V.'s $164.5 Million Senior Secured Notes Rated Preliminary 'BBB-' Jul 12
- Published: July 2012
- Standard & Poors
Mexico-based wind power project, Oaxaca II, is planning to issue $164.5 million senior secured notes due December 2031. The notes will be backed by the issuer's right to receive payment under the 20-year power purchase agreement with Comisi-n Federal de Electricidad. We are assigning our preliminary 'BBB-' rating to the issue. The stable outlook reflects the project's long-term power purchase agreements with Comisi-n Federal de Electricidad and reasonable expectations for wind resource and turbine performance. MEXICO CITY (Standard & Poor's) July 16, 2012--Standard & Poor's Ratings Services assigned its preliminary 'BBB-' rating to CE Oaxaca Dos, S. de R.L. de C.V.'s (Oaxaca II) proposed $164.5 million senior secured notes due Dec. 31, 2031. The outlook is stable. The preliminary rating...
Companies mentioned in this report are: CE Oaxaca Dos, S. de R.L. de C.V.,Comision Federal De Electricidad
Action: Preliminary Rating
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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.
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CE Oaxaca Dos, S. de R.L. de C.V.,Comision Federal De Electricidad