Bulletin: DPL Inc.'s Ratings Are Unaffected By Asset Sale - S&P Global Ratings’ Credit Research

Bulletin: DPL Inc.'s Ratings Are Unaffected By Asset Sale

Bulletin: DPL Inc.'s Ratings Are Unaffected By Asset Sale - S&P Global Ratings’ Credit Research
Bulletin: DPL Inc.'s Ratings Are Unaffected By Asset Sale
Published Jan 07, 2016
2 pages (863 words) — Published Jan 07, 2016
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Abstract:

NEW YORK (Standard&Poor's) Jan. 7, 2016--Standard&Poor's Ratings Services said today its ratings on Dayton, Ohio.-based DPL Inc. are not affected by the company's sale of its competitive retail electric service business, DPL Energy Resources, to Interstate Gas Supply Inc. for about $75 million. Although the transaction marginally improves the company's business risk profile, ratings are unaffected because of DPL Energy Resources' relative small size.

  
Brief Excerpt:

...NEW YORK (Standard & Poor's) Jan. 7, 2016--Standard & Poor's Ratings Services said today its ratings on Dayton, Ohio.-based DPL Inc. are not affected by the company's sale of its competitive retail electric service business, DPL Energy Resources, to Interstate Gas Supply Inc. for about $75 million. Although the transaction marginally improves the company's business risk profile, ratings are unaffected because of DPL Energy Resources' relative small size. We have determined, based solely on the developments described herein, that no rating actions are currently warranted. Only a rating committee may determine a rating action and, as these developments were not viewed as material to the ratings, neither they nor this report were reviewed by a rating committee....

  
Report Type:

Bulletin

Ticker
Issuer
GICS
Electric Utilities (55101010)
Sector
Global Issuers
Country
Region
Format:
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MLA:
S&P Global Ratings’ Credit Research. "Bulletin: DPL Inc.'s Ratings Are Unaffected By Asset Sale" Jan 07, 2016. Alacra Store. May 03, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-DPL-Inc-s-Ratings-Are-Unaffected-By-Asset-Sale-1559221>
  
APA:
S&P Global Ratings’ Credit Research. (). Bulletin: DPL Inc.'s Ratings Are Unaffected By Asset Sale Jan 07, 2016. New York, NY: Alacra Store. Retrieved May 03, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-DPL-Inc-s-Ratings-Are-Unaffected-By-Asset-Sale-1559221>
  
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