Evergy Kansas South Inc. - S&P Global Ratings’ Credit Research

Evergy Kansas South Inc.

Evergy Kansas South Inc. - S&P Global Ratings’ Credit Research
Evergy Kansas South Inc.
Published Dec 08, 2022
7 pages (2699 words) — Published Dec 08, 2022
Price US$ 500.00  |  Buy this Report Now

About This Report

  
Abstract:

Overview Key strengths Key risks Largely predictable cash flow. Fossil fuel- and nuclear-based generation exposures. Effective management of regulatory risk. Limited geographic and regulatory diversity. Robust financial measures. Regulatory lag in cost recovery can pressure financial measures. Evergy Kansas South Inc.?s (Kansas South) long-term debt maturities are manageable, with only $50 million maturing in 2023 and no debt maturing in 2024 and 2025. Given its limited debt maturities over the next few years, as well as our expectation that it will not issue incremental long-term debt through 2024, we expect its financial measures to improve. This reflects the company's ability to recover costs through its regulatory framework on a consistent basis. We also expect its parent, Evergy Kansas Central (EKC),

  
Brief Excerpt:

...The company's manageable long-term debt maturity schedule bolsters its credit metrics. Evergy Kansas South Inc.'s (Kansas South) long-term debt maturities are manageable, with only $50 million maturing in 2023 and no debt maturing in 2024 and 2025. Given its limited debt maturities over the next few years, as well as our expectation that it will not issue incremental long-term debt through 2024, we expect its financial measures to improve....

  
Report Type:

Full Report

Ticker
KGE
Issuer
GICS
Electric Utilities (55101010)
Sector
Global Issuers, Structured Finance
Country
Region
Format:
PDF Adobe Acrobat
Buy Now

Evergy Kansas South Inc. – 2023/12/13 – US$ 500.00

Evergy Kansas South Inc. – 2024/12/13 – US$ 500.00

Tear Sheet: Evergy Kansas South Inc. – 2026/11/02 – US$ 500.00

Evergy Kansas South Inc. – 2021/12/15 – US$ 500.00

Evergy Kansas South Inc. – 2021/05/19 – US$ 500.00

Evergy Kansas South Inc. – 2020/06/11 – US$ 500.00

Evergy Kansas South Inc. – 2020/03/23 – US$ 500.00

Kansas Gas&Electric Co. – 2019/02/27 – US$ 500.00

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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Evergy Kansas South Inc." Dec 08, 2022. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Evergy-Kansas-South-Inc-2927037>
  
APA:
S&P Global Ratings’ Credit Research. (). Evergy Kansas South Inc. Dec 08, 2022. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Evergy-Kansas-South-Inc-2927037>
  
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