Evergy Kansas Central Inc.'s Proposed Senior Unsecured Notes Rated 'BBB+' - S&P Global Ratings’ Credit Research

Evergy Kansas Central Inc.'s Proposed Senior Unsecured Notes Rated 'BBB+'

Evergy Kansas Central Inc.'s Proposed Senior Unsecured Notes Rated 'BBB+' - S&P Global Ratings’ Credit Research
Evergy Kansas Central Inc.'s Proposed Senior Unsecured Notes Rated 'BBB+'
Published Mar 06, 2025
3 pages (1325 words) — Published Mar 06, 2025
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

TORONTO (S&P Global Ratings) March 6, 2025--S&P Global Ratings today assigned its 'BBB+' issue-level rating to Evergy Kansas Central Inc. ?s (EKC) proposed senior unsecured notes. The company will use net proceeds to repay a portion of outstanding commercial paper and for general corporate purposes. We rate the unsecured notes in line with our ?BBB+? issuer credit rating on EKC because we view this instrument as debt issued by a qualifying investment-grade regulated utility. Our ?BBB+? issuer credit rating on EKC reflects our view of EKC as a core subsidiary of parent Evergy Inc. (Evergy) and the insulating measures in place are not sufficient to rate EKC above Evergy?s group credit profile. We assess EKC?s business risk profile as excellent,

  
Brief Excerpt:

...Criteria | Corporates | General: Methodology: Management And Governance Credit Factors For Corporate Entities, Jan. 7, 2024...

  
Report Type:

Ratings Action

Ticker
WR
Issuer
GICS
Electric Utilities (55101010)
Sector
Global Issuers
Country
Region
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Evergy Kansas Central Inc.'s Proposed Senior Unsecured Notes Rated 'BBB+'" Mar 06, 2025. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Evergy-Kansas-Central-Inc-s-Proposed-Senior-Unsecured-Notes-Rated-BBB-3334057>
  
APA:
S&P Global Ratings’ Credit Research. (). Evergy Kansas Central Inc.'s Proposed Senior Unsecured Notes Rated 'BBB+' Mar 06, 2025. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Evergy-Kansas-Central-Inc-s-Proposed-Senior-Unsecured-Notes-Rated-BBB-3334057>
  
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