Bulletin: Ratings On Danish Utility DONG Energy Unaffected By Announcement Of A Potential Equity Injection - S&P Global Ratings’ Credit Research

Bulletin: Ratings On Danish Utility DONG Energy Unaffected By Announcement Of A Potential Equity Injection

Bulletin: Ratings On Danish Utility DONG Energy Unaffected By Announcement Of A Potential Equity Injection - S&P Global Ratings’ Credit Research
Bulletin: Ratings On Danish Utility DONG Energy Unaffected By Announcement Of A Potential Equity Injection
Published Feb 22, 2013
916 words — Published Feb 22, 2013
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Abstract:

STOCKHOLM (Standard&Poor's) Feb. 22, 2013--Standard&Poor's Ratings Services said today that its ratings and outlook on Denmark-based integrated power and gas company DONG Energy A/S (BBB+/Negative/A-2) are not immediately affected by the company's announcement that it is discussing possible initiatives with its principal shareholder, the Danish Ministry of Finance, to strengthen its capital structure, including a potential injection of equity. Although we believe an equity injection would be positive for the company's capital structure, we would need more details about the potential transaction to fully assess the likely impact. This is particularly in light of continued adverse market conditions for DONG Energy's midstream gas and thermal power operations and the company's current underperformance against our benchmark credit

  
Brief Excerpt:

RESEARCH Bulletin: Ratings On Danish Utility DONG Energy Unaffected By Announcement Of A Potential Equity Injection Publication date: 22-Feb-2013 Primary Credit Analyst: Alf Stenqvist, Stockholm (46) 8-440-5925; alf_stenqvist@standardandpoors.com...

  
Report Type:

Bulletin

Ticker
1001Z@DC
Issuer
GICS
Electric Utilities (55101010)
Sector
Global Issuers
Country
Region
Europe, Middle East, Africa
Format:
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MLA:
S&P Global Ratings’ Credit Research. "Bulletin: Ratings On Danish Utility DONG Energy Unaffected By Announcement Of A Potential Equity Injection" Feb 22, 2013. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-Ratings-On-Danish-Utility-DONG-Energy-Unaffected-By-Announcement-Of-A-Potential-Equity-Injection-1082508>
  
APA:
S&P Global Ratings’ Credit Research. (). Bulletin: Ratings On Danish Utility DONG Energy Unaffected By Announcement Of A Potential Equity Injection Feb 22, 2013. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-Ratings-On-Danish-Utility-DONG-Energy-Unaffected-By-Announcement-Of-A-Potential-Equity-Injection-1082508>
  
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