Credit Notice: S&P To Assess Credit Impact Of Portugal CreditWatch Placement On REN, EDP, CP, REFER, ML, And PARPUBLICA - S&P Global Ratings’ Credit Research

Credit Notice: S&P To Assess Credit Impact Of Portugal CreditWatch Placement On REN, EDP, CP, REFER, ML, And PARPUBLICA

Credit Notice: S&P To Assess Credit Impact Of Portugal CreditWatch Placement On REN, EDP, CP, REFER, ML, And PARPUBLICA - S&P Global Ratings’ Credit Research
Credit Notice: S&P To Assess Credit Impact Of Portugal CreditWatch Placement On REN, EDP, CP, REFER, ML, And PARPUBLICA
Published Dec 02, 2010
Published Dec 02, 2010
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

PARIS (Standard&Poor's) Dec. 2, 2010--On November 30, Standard&Poor's Ratings Services placed its 'A-' long-term and 'A-2' short-term sovereign credit ratings on Portugal on CreditWatch with negative implications. We believe that the sovereign CreditWatch listing, together with the fiscal drag from 2011 budgetary cuts and the downward revision in our 2011 growth projection, could have a negative impact on the creditworthiness of Portugal-based REN-Redes Energeticas Nacionais, SGPS, S.A. (A-/Negative/A-2); EDP - Energias de Portugal, S.A. (A-/Negative/A-2); Comboios de Portugal, E.P.E (BBB+/Watch Neg/--); Rede Ferroviaria Nacional REFER, E.P.E. (BBB+/Negative/--); Metropolitano de Lisboa, E.P. (ML; BBB+/Negative/--); and PARPUBLICA - Participacoes Publicas (SGPS), S.A. (BBB+/Watch Neg/--). We expect to publish a more detailed analysis of the effects of our sovereign

  
Report Type:

News

Ticker
RENE@PL
Issuer
REN-Redes Energeticas Nacionais SGPS S.A.
GICS
Multi-Utilities (55103010)
Sector
Global Issuers
Country
Portugal
Region
Europe, Middle East, Africa
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Credit Notice: S&P To Assess Credit Impact Of Portugal CreditWatch Placement On REN, EDP, CP, REFER, ML, And PARPUBLICA" Dec 02, 2010. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Credit-Notice-S-P-To-Assess-Credit-Impact-Of-Portugal-CreditWatch-Placement-On-REN-EDP-CP-REFER-ML-And-PARPUBLICA-834947>
  
APA:
S&P Global Ratings’ Credit Research. (). Credit Notice: S&P To Assess Credit Impact Of Portugal CreditWatch Placement On REN, EDP, CP, REFER, ML, And PARPUBLICA Dec 02, 2010. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Credit-Notice-S-P-To-Assess-Credit-Impact-Of-Portugal-CreditWatch-Placement-On-REN-EDP-CP-REFER-ML-And-PARPUBLICA-834947>
  
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