Home Credit Ratings and Research Residential Mortgage-Backed Securities S&P Global Ratings’ Credit Research Dominion Energy, Inc.

BULLETIN: Dominion's Sale of British Columbia Assets Does Not Affect Rating

Published Jan 19, 2005

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Abstract:

NEW YORK (Standard&Poor's) Jan. 19, 2005--Standard&Poor's Ratings Services said today that Dominion Resources Inc.'s (BBB+/Negative/A-2) sale of the majority of its natural gas and oil assets in British Columbia is favorable for the company's credit quality but will not result in a change in its ratings or outlook at this time. Proceeds from the sale of about $476 million will be used to pay down Canadian dollar denominated debt. Dominion still retains its Alberta gas producing assets.

Report Type:

Bulletin

Ticker

DNIRE

Issuer

Dominion Energy, Inc.

GICS

Multi-Utilities (55103010)

Sector

Global Issuers, Structured Finance

Country

United States

Region

United States

Format:

HTML

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MLA:	S&P Global Ratings’ Credit Research. "BULLETIN: Dominion's Sale of British Columbia Assets Does Not Affect Rating" Jan 19, 2005. Alacra Store. May 15, 2025. <http://www.alacrastore.com/s-and-p-credit-research/BULLETIN-Dominion-s-Sale-of-British-Columbia-Assets-Does-Not-Affect-Rating-419018>

APA:	S&P Global Ratings’ Credit Research. (). BULLETIN: Dominion's Sale of British Columbia Assets Does Not Affect Rating Jan 19, 2005. New York, NY: Alacra Store. Retrieved May 15, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/BULLETIN-Dominion-s-Sale-of-British-Columbia-Assets-Does-Not-Affect-Rating-419018>

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