Connecticut Light&Power's $250 Mil. Bonds Rated 'BBB+'; Outlook Stable - S&P Global Ratings’ Credit Research

Connecticut Light&Power's $250 Mil. Bonds Rated 'BBB+'; Outlook Stable

Connecticut Light&Power's $250 Mil. Bonds Rated 'BBB+'; Outlook Stable - S&P Global Ratings’ Credit Research
Connecticut Light&Power's $250 Mil. Bonds Rated 'BBB+'; Outlook Stable
Published May 26, 2006
658 words — Published May 26, 2006
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About This Report

  
Abstract:

NEW YORK (Standard&Poor's) May 26, 2006--Standard&Poor's Ratings Services today assigned its 'BBB+' rating to electric transmission and distribution (T&D) utility Connecticut Light&Power Co.'s (CL&P) proposed $250 million first and refunding mortgage bonds, 2006 series A. The outlook is stable. As of March 31, 2006, CL&P has $1.2 billion of debt. The ratings on CL&P, a wholly owned subsidiary of Northeast Utilities (NU), are based on the consolidated credit profile of its parent, NU, and its affiliate companies, including Western Massachusetts Electric Co., Public Service Co. of New Hampshire, Yankee Gas Services Co, Select Energy Inc., and Northeast Generation Co. CL&P serves 1.1 million customers in Connecticut, and benefits from a fairly supportive regulatory environment,

  
Brief Excerpt:

RESEARCH Connecticut Light & Power's $250 Mil. Bonds Rated '###+'; Outlook Stable Publication date: 26-May-2006 Primary Credit Analyst: Arleen Spangler, New York (1) 212-438-2098; arleen_spangler@standardandpoors.com NEW YORK (Standard...

  
Report Type:

Ratings Action

Ticker
NU1
Issuer
GICS
Electric Utilities (55101010)
Sector
Global Issuers, Public Finance
Country
Region
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Connecticut Light&Power Co. – 2006/08/16 – US$ 500.00

Summary: Connecticut Light & Power Co. – 2006/08/16 – US$ 225.00

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Summary: Connecticut Light&Power Co. – 2006/03/21 – US$ 225.00

Summary: Connecticut Light&Power Co. – 2005/12/16 – US$ 225.00

Summary: Connecticut Light&Power Co. – 2005/08/17 – US$ 225.00

Connecticut Light&Power Co. – 2005/06/17 – US$ 500.00

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MLA:
S&P Global Ratings’ Credit Research. "Connecticut Light&Power's $250 Mil. Bonds Rated 'BBB+'; Outlook Stable" May 26, 2006. Alacra Store. May 02, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Connecticut-Light-Power-s-250-Mil-Bonds-Rated-BBB-Outlook-Stable-511224>
  
APA:
S&P Global Ratings’ Credit Research. (). Connecticut Light&Power's $250 Mil. Bonds Rated 'BBB+'; Outlook Stable May 26, 2006. New York, NY: Alacra Store. Retrieved May 02, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Connecticut-Light-Power-s-250-Mil-Bonds-Rated-BBB-Outlook-Stable-511224>
  
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