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Bulletin: Covanta Holding Corp.'s Corporate Credit Rating Unaffected By Planned New Issuance

Published May 18, 2009

About This Report

Abstract:

NEW YORK (Standard&Poor's) May 18, 2009--Standard&Poor's Ratings Services said today that Covanta Holding Corp.'s plans to issue about $300 million of convertible senior unsecured notes will not affect the corporate credit ratings on Covanta Holding and Covanta Energy Corp. (both BB-/Positive/--). The company will likely use proceeds to fund the construction of a new waste–to-energy facility in Dublin, Ireland.

Report Type:

Bulletin

Ticker

CVA

Issuer

Covanta Holding Corp.

GICS

Environmental & Facilities Services (20201050)

Sector

Global Issuers , Public Finance

Country

United States

Region

United States

Format:

HTML

Covanta Holding Corp.'s $460 Million Notes Are Rated 'B' – 2009/06/30 – US$ 150.00

Research Update: Covanta Holding Corp.'s $460 Million Notes Rated 'B' – 2009/06/30 – US$ 225.00

Covanta Holding Corp. – 2009/07/01 – US$ 500.00

Summary: Covanta Holding Corp. – 2009/07/01 – US$ 225.00

Bulletin: Covanta Holding Corp.'s Rating Unaffected By Asset Acquisition – 2009/07/06 – Free

S&P Corrects Its Outlook On Covanta Holding Corp. – 2008/12/23 – US$ 150.00

Research Update: S&P Corrects Outlook On Covanta Holding Corp. – 2008/12/23 – US$ 225.00

Summary: Covanta Holding Corp. – 2008/12/18 – US$ 225.00

Covanta Holding Assigned 'BB-' Corp. Rating, $325 Mil. Bonds Rated 'B'; Outlook Stable – 2007/01/22 – US$ 150.00

Research Update: Covanta Holding Is Assigned 'BB-' Corp. Rating, $325 Mil. Bonds Are Rated 'B'; Outlook Stable – 2007/01/22 – US$ 225.00

More from S&P Global Ratings’ Credit Research

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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MLA:	S&P Global Ratings’ Credit Research. "Bulletin: Covanta Holding Corp.'s Corporate Credit Rating Unaffected By Planned New Issuance" May 18, 2009. Alacra Store. May 06, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-Covanta-Holding-Corp-s-Corporate-Credit-Rating-Unaffected-By-Planned-New-Issuance-722526>

APA:	S&P Global Ratings’ Credit Research. (). Bulletin: Covanta Holding Corp.'s Corporate Credit Rating Unaffected By Planned New Issuance May 18, 2009. New York, NY: Alacra Store. Retrieved May 06, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-Covanta-Holding-Corp-s-Corporate-Credit-Rating-Unaffected-By-Planned-New-Issuance-722526>

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