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Dominion Resources Inc.'s $1.3 Billion Senior Notes Rated 'BBB'

Published Aug 04, 2016

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About This Report

Abstract:

NEW YORK (S&P Global Ratings) Aug. 4, 2016--S&P Global Ratings today assigned its 'BBB' issue rating to Richmond, Va.-based Dominion Resources Inc.'s announced offering of $1.3 billion senior notes. Under our criteria, we notch the unsecured notes one notch below our 'BBB+' issuer credit rating on Dominion, reflecting priority obligations exceeding 20% of total assets. Our issuer credit rating on Dominion is 'BBB+' with a stable outlook. For the corporate credit rating rationale on Dominion, see the research update published Feb. 1, 2016. RELATED CRITERIA AND RESEARCH Related Criteria Criteria - Corporates - General: Methodology And Assumptions: Liquidity Descriptors For Global Corporate Issuers, Dec. 16, 2014 Criteria - Corporates - Utilities: Key Credit Factors For The Regulated Utilities Industry, Nov.

Report Type:

Ratings Action

Ticker

DNIRE

Issuer

Dominion Energy, Inc.

GICS

Multi-Utilities (55103010)

Sector

Global Issuers, Structured Finance

Country

United States

Region

United States

Format:

PDF

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MLA:	S&P Global Ratings’ Credit Research. "Dominion Resources Inc.'s $1.3 Billion Senior Notes Rated 'BBB'" Aug 04, 2016. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Dominion-Resources-Inc-s-1-3-Billion-Senior-Notes-Rated-BBB-1688527>

APA:	S&P Global Ratings’ Credit Research. (). Dominion Resources Inc.'s $1.3 Billion Senior Notes Rated 'BBB' Aug 04, 2016. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Dominion-Resources-Inc-s-1-3-Billion-Senior-Notes-Rated-BBB-1688527>

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