Bulletin: DONG Energy Ratings Unaffected By Planned IPO And Strategic Review Of Oil&Gas Businesses - S&P Global Ratings’ Credit Research

Bulletin: DONG Energy Ratings Unaffected By Planned IPO And Strategic Review Of Oil&Gas Businesses

Bulletin: DONG Energy Ratings Unaffected By Planned IPO And Strategic Review Of Oil&Gas Businesses - S&P Global Ratings’ Credit Research
Bulletin: DONG Energy Ratings Unaffected By Planned IPO And Strategic Review Of Oil&Gas Businesses
Published Sep 18, 2015
Published Sep 18, 2015
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Abstract:

STOCKHOLM (Standard&Poor's) Sept. 18, 2015--Standard&Poor's Ratings Services said today that its ratings and outlook on Danish integrated power and gas company DONG Energy A/S (BBB+/Stable/A-2) are unchanged following the group's announcement of an IPO and a strategic review of its exploration and production oil and gas business. Our understanding is that the IPO, which is intended to take place as soon as possible and within 18 months, would not change the group's financial position. We also understand that the Danish government would retain majority ownership following an IPO, which is in line with our assessment of a "moderate" likelihood of extraordinary government support for DONG Energy in a financial distress scenario. The outcome of the strategic

  
Report Type:

Bulletin

Ticker
1001Z@DC
Issuer
GICS
Electric Utilities (55101010)
Sector
Global Issuers
Country
Region
Europe, Middle East, Africa
Format:
PDF Adobe Acrobat
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MLA:
S&P Global Ratings’ Credit Research. "Bulletin: DONG Energy Ratings Unaffected By Planned IPO And Strategic Review Of Oil&Gas Businesses" Sep 18, 2015. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-DONG-Energy-Ratings-Unaffected-By-Planned-IPO-And-Strategic-Review-Of-Oil-Gas-Businesses-1453476>
  
APA:
S&P Global Ratings’ Credit Research. (). Bulletin: DONG Energy Ratings Unaffected By Planned IPO And Strategic Review Of Oil&Gas Businesses Sep 18, 2015. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-DONG-Energy-Ratings-Unaffected-By-Planned-IPO-And-Strategic-Review-Of-Oil-Gas-Businesses-1453476>
  
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