Dominion Resources $600 Million Senior Notes Rated 'BBB+' - S&P Global Ratings’ Credit Research

Dominion Resources $600 Million Senior Notes Rated 'BBB+'

Dominion Resources $600 Million Senior Notes Rated 'BBB+' - S&P Global Ratings’ Credit Research
Dominion Resources $600 Million Senior Notes Rated 'BBB+'
Published Dec 10, 2002
580 words — Published Dec 10, 2002
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Abstract:

NEW YORK (Standard&Poor's) Dec. 10, 2002--Standard&Poor's Ratings Services said today it assigned its 'BBB+' rating to diversified energy company Dominion Resources Inc.'s $300 million 2002 series D senior unsecured notes due Dec. 15, 2009. At the same time, Standard&Poor's also assigned its 'BBB+' rating to Dominion's $300 million 2002 series E senior unsecured notes due Dec. 15, 2032. The outlook is stable. Dominion expects to use $500 million of the net proceeds from the sale of these securities to repay a portion of its $1 billion series A senior notes due Jan. 31, 2003. Pending such maturity, $500 million of the net proceeds will be held in escrow and may only be released to

  
Brief Excerpt:

RESEARCH Dominion Resources $600 Million Senior Notes Rated '###+' Publication date: 10-Dec-2002 NEW YORK (Standard & Poor's) Dec. 10, 2002--Standard & Poor's Ratings Services said today it assigned its '###+' rating to diversified energy...

  
Report Type:

Ratings Action

Ticker
DNIRE
Issuer
GICS
Multi-Utilities (55103010)
Sector
Global Issuers, Structured Finance
Country
Region
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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MLA:
S&P Global Ratings’ Credit Research. "Dominion Resources $600 Million Senior Notes Rated 'BBB+'" Dec 10, 2002. Alacra Store. May 17, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Dominion-Resources-600-Million-Senior-Notes-Rated-BBB-280064>
  
APA:
S&P Global Ratings’ Credit Research. (). Dominion Resources $600 Million Senior Notes Rated 'BBB+' Dec 10, 2002. New York, NY: Alacra Store. Retrieved May 17, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Dominion-Resources-600-Million-Senior-Notes-Rated-BBB-280064>
  
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