Home Credit Ratings and Research S&P Global Ratings’ Credit Research Cleco Corporate Holdings LLC

Bulletin: Cleco Corp. Ratings Unaffected By Potential Strategic Transactions

Published Jun 23, 2014

About This Report

Abstract:

NEW YORK (Standard&Poor's) June 23, 2014--Standard&Poor's Ratings Services said today that U.S. electric utility company Cleco Corp.'s announcement that it has retained financial advisors to assist the board of directors in evaluating potential strategic transactions does not currently affect its ratings. Cleco has made no commitment at this time that it will pursue any strategic alternatives relative to remaining an independent company. However, should any strategic transactions arise, we will then assess their terms and impact on Cleco's credit profile.

Report Type:

Bulletin

Ticker

CNL

Issuer

Cleco Corporate Holdings LLC

GICS

Electric Utilities (55101010)

Sector

Global Issuers

Country

United States

Region

United States

Format:

PDF

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MLA:	S&P Global Ratings’ Credit Research. "Bulletin: Cleco Corp. Ratings Unaffected By Potential Strategic Transactions" Jun 23, 2014. Alacra Store. May 04, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-Cleco-Corp-Ratings-Unaffected-By-Potential-Strategic-Transactions-1335767>

APA:	S&P Global Ratings’ Credit Research. (). Bulletin: Cleco Corp. Ratings Unaffected By Potential Strategic Transactions Jun 23, 2014. New York, NY: Alacra Store. Retrieved May 04, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-Cleco-Corp-Ratings-Unaffected-By-Potential-Strategic-Transactions-1335767>

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