FC Outlook on 3 South African Infrastructure Companies Revised to Pos; FC Ratings Affirmed - S&P Global Ratings’ Credit Research

FC Outlook on 3 South African Infrastructure Companies Revised to Pos; FC Ratings Affirmed

FC Outlook on 3 South African Infrastructure Companies Revised to Pos; FC Ratings Affirmed - S&P Global Ratings’ Credit Research
FC Outlook on 3 South African Infrastructure Companies Revised to Pos; FC Ratings Affirmed
Published Nov 12, 2002
Published Nov 12, 2002
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About This Report

  
Abstract:

LONDON (Standard&Poor's) Nov. 12, 2002--Standard&Poor's Ratings Services said today it revised the outlook on its foreign currency ratings on two South Africa-based utilities, ESKOM Holdings Ltd and Rand Water, and transportation company Transnet Ltd. to positive from stable following a similar outlook revision on the Republic of South Africa (local currency A-/Positive/A-2; foreign currency BBB-/Positive/A-3). ESKOM is a vertically integrated electricity utility, Rand Water is South Africa's largest water board, and Transnet is the country's key transport conglomerate. At the same time, Standard&Poor's affirmed its long-term 'BBB-' foreign currency ratings on the three entities. (See related media release titled "South Africa Outlook Revised to Positive From Stable; Ratings Affirmed" published today on RatingsDirect, Standard

  
Report Type:

Ratings Action

Ticker
1001Z@SJ
Issuer
ESKOM Holdings SOC Ltd.
GICS
Electric Utilities (55101010)
Sector
Global Issuers, Structured Finance
Country
South Africa
Region
Europe, Middle East, Africa
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "FC Outlook on 3 South African Infrastructure Companies Revised to Pos; FC Ratings Affirmed" Nov 12, 2002. Alacra Store. May 11, 2025. <http://www.alacrastore.com/s-and-p-credit-research/FC-Outlook-on-3-South-African-Infrastructure-Companies-Revised-to-Pos-FC-Ratings-Affirmed-275149>
  
APA:
S&P Global Ratings’ Credit Research. (). FC Outlook on 3 South African Infrastructure Companies Revised to Pos; FC Ratings Affirmed Nov 12, 2002. New York, NY: Alacra Store. Retrieved May 11, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/FC-Outlook-on-3-South-African-Infrastructure-Companies-Revised-to-Pos-FC-Ratings-Affirmed-275149>
  
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