...May 14, 2020 FARMERS BRANCH (S&P Global Ratings) May 14, 2020--S&P Global Ratings today said that it will continue to monitor for rating implications the ongoing discussions about an enhanced long-term, stand-alone operating strategy or a potential strategic combination for Evergy Inc. (A-/Stable/A-2) and its rated subsidiaries. If the discussions result in accelerated rate base growth above our current expectation of $7.6 billion by year-end 2024, we will look to Evergy's funding strategy and its ability to maintain robust financial measures during the period of higher capital spending. Our current base-case forecast assumes the consolidated company will achieve funds from operations to debt of 15%-16% through 2021. And given the range of possible acquirers and outcomes related to a potential merger transaction, we will continue to monitor the situation closely and will respond to any developments that increase the probability of a transaction. However, we believe both avenues under review--building...
