Duke Energy Corp. And Subsidiaries Outlook Revised To Stable From Negative; Ratings Affirmed - S&P Global Ratings’ Credit Research

Duke Energy Corp. And Subsidiaries Outlook Revised To Stable From Negative; Ratings Affirmed

Duke Energy Corp. And Subsidiaries Outlook Revised To Stable From Negative; Ratings Affirmed - S&P Global Ratings’ Credit Research
Duke Energy Corp. And Subsidiaries Outlook Revised To Stable From Negative; Ratings Affirmed
Published Jan 12, 2017
4 pages (1632 words) — Published Jan 12, 2017
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

Duke Energy Corp. has completed the sale of its Latin American merchant generation assets. We are affirming our ratings on Duke Energy, including the 'A-' issuer credit rating on the company, and all its subsidiaries and revising the outlook to stable from negative. The stable outlook on Duke Energy and its subsidiaries reflects the improvement in business risk stemming from the sale of riskier assets and in financial risk by using the sale proceeds to pay down debt. NEW YORK (S&P Global Ratings) Jan. 12, 2017--S&P Global Ratings today affirmed its ratings on Duke Energy Corp., including the 'A-' issuer credit rating, and its subsidiaries Duke Energy Carolinas LLC, Duke Energy Progress LLC, Duke Energy Florida LLC, Duke Energy Ohio

  
Brief Excerpt:

...+ Duke Energy Corp. has completed the sale of its Latin American merchant generation assets. + We are affirming our ratings on Duke Energy, including the 'A-' issuer credit rating on the company, and all its subsidiaries and revising the outlook to stable from negative. + The stable outlook on Duke Energy and its subsidiaries reflects the improvement in business risk stemming from the sale of riskier assets and in financial risk by using the sale proceeds to pay down debt. NEW YORK (S&P Global Ratings) Jan. 12, 2017--S&P Global Ratings today affirmed its ratings on Duke Energy Corp., including the 'A-' issuer credit rating, and its subsidiaries Duke Energy Carolinas LLC, Duke Energy Progress LLC, Duke Energy Florida LLC, Duke Energy Ohio Inc., Duke Energy Kentucky Inc., Duke Energy Indiana Inc., and Piedmont Natural Gas Co. Inc. At the same time, we revised the outlook on the companies to stable from negative. Duke Energy recently completed the sale of its Latin American merchant generation...

  
Report Type:

Ratings Action

Ticker
DUK
Issuer
Duke Energy Corp.
GICS
Electric Utilities (55101010)
Sector
Global Issuers , Public Finance , Structured Finance
Country
United States
Region
United States
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Duke Energy Corp. And Subsidiaries Outlook Revised To Stable From Negative; Ratings Affirmed" Jan 12, 2017. Alacra Store. May 20, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Duke-Energy-Corp-And-Subsidiaries-Outlook-Revised-To-Stable-From-Negative-Ratings-Affirmed-1783925>
  
APA:
S&P Global Ratings’ Credit Research. (). Duke Energy Corp. And Subsidiaries Outlook Revised To Stable From Negative; Ratings Affirmed Jan 12, 2017. New York, NY: Alacra Store. Retrieved May 20, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Duke-Energy-Corp-And-Subsidiaries-Outlook-Revised-To-Stable-From-Negative-Ratings-Affirmed-1783925>
  
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