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Evergy Inc.'s $700 Million Commercial Paper Program Assigned 'A-2' Rating

Published May 03, 2021

3 pages (1211 words) — Published May 03, 2021

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Abstract:

FARMERS BRANCH (S&P Global Ratings) May 3, 2021--S&P Global Ratings today assigned its 'A-2' rating to Evergy Inc.'s $700 million commercial paper (CP) program. The 'A-2' rating is based on our 'A-' long-term issuer credit ratings on Evergy, and our view that the company will maintain sufficient liquidity to fully fund all of its CP maturities. The CP program is backstopped by the company's $2.5 billion committed revolving credit facility. Our existing ratings on Evergy are unchanged. For more information, please see our full analysis, "Evergy Inc.," published May 27, 2020. Criteria Corporates General: Reflecting Subordination Risk In Corporate Issue Ratings, March 28, 2018 General Criteria: Methodology For Linking Long-Term And Short-Term Ratings, April 7, 2017 Criteria

Brief Excerpt:

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Report Type:

Ratings Action

Ticker

EVRG

Issuer

Evergy, Inc.

GICS

Electric Utilities (55101010)

Sector

Global Issuers

Country

United States

Region

United States

Format:

PDF

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Cite this Report


MLA:	S&P Global Ratings’ Credit Research. "Evergy Inc.'s $700 Million Commercial Paper Program Assigned 'A-2' Rating" May 03, 2021. Alacra Store. May 02, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Evergy-Inc-s-700-Million-Commercial-Paper-Program-Assigned-A-2-Rating-2639974>

APA:	S&P Global Ratings’ Credit Research. (). Evergy Inc.'s $700 Million Commercial Paper Program Assigned 'A-2' Rating May 03, 2021. New York, NY: Alacra Store. Retrieved May 02, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Evergy-Inc-s-700-Million-Commercial-Paper-Program-Assigned-A-2-Rating-2639974>

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