Bulletin: Talisman Energy Inc. Ratings Unaffected By Carl Icahn's SEC Report For Purchase Of 6% Of Company Stock - S&P Global Ratings’ Credit Research

Bulletin: Talisman Energy Inc. Ratings Unaffected By Carl Icahn's SEC Report For Purchase Of 6% Of Company Stock

Bulletin: Talisman Energy Inc. Ratings Unaffected By Carl Icahn's SEC Report For Purchase Of 6% Of Company Stock - S&P Global Ratings’ Credit Research
Bulletin: Talisman Energy Inc. Ratings Unaffected By Carl Icahn's SEC Report For Purchase Of 6% Of Company Stock
Published Oct 09, 2013
912 words — Published Oct 09, 2013
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Abstract:

TORONTO (Standard&Poor's) Oct. 9, 2013--Standard&Poor's Ratings Services today said that its ratings on Talisman Energy Inc. (BBB/Negative/A-3) were not immediately affected by the Schedule 13D filed by Carl Icahn and related entities Oct. 7, 2013, with the SEC, reporting that they have acquired ownership of about 6% of Talisman common stock. The filing also indicated that Mr. Icahn and affiliates seek to discuss strategic alternatives with the company that will enhance shareholder value. We believe the Icahn-led ownership causes some uncertainty as to Talisman's strategic direction and could result in a weaker business risk profile or more aggressive financial policy. The ratings could come under pressure if there is material change to management's existing strategy such

  
Brief Excerpt:

RESEARCH Bulletin: Talisman Energy Inc. Ratings Unaffected By Carl Icahn's SEC Report For Purchase Of 6% Of Company Stock Publication date: 09-Oct-2013 Primary Credit Analyst: Aniki Saha-Yannopoulos, CFA, PhD, Toronto 416-507-2579;...

  
Report Type:

Bulletin

Ticker
TLM@CN
Issuer
GICS
Oil & Gas Exploration & Production (10102020)
Sector
Global Issuers
Country
Region
United States
Format:
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MLA:
S&P Global Ratings’ Credit Research. "Bulletin: Talisman Energy Inc. Ratings Unaffected By Carl Icahn's SEC Report For Purchase Of 6% Of Company Stock" Oct 09, 2013. Alacra Store. May 03, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-Talisman-Energy-Inc-Ratings-Unaffected-By-Carl-Icahn-s-SEC-Report-For-Purchase-Of-6-Of-Company-Stock-1201974>
  
APA:
S&P Global Ratings’ Credit Research. (). Bulletin: Talisman Energy Inc. Ratings Unaffected By Carl Icahn's SEC Report For Purchase Of 6% Of Company Stock Oct 09, 2013. New York, NY: Alacra Store. Retrieved May 03, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-Talisman-Energy-Inc-Ratings-Unaffected-By-Carl-Icahn-s-SEC-Report-For-Purchase-Of-6-Of-Company-Stock-1201974>
  
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