NRG Energy Inc. Corporate Credit Rating Removed From CreditWatch; Outlook Stable - S&P Global Ratings’ Credit Research

NRG Energy Inc. Corporate Credit Rating Removed From CreditWatch; Outlook Stable

NRG Energy Inc. Corporate Credit Rating Removed From CreditWatch; Outlook Stable - S&P Global Ratings’ Credit Research
NRG Energy Inc. Corporate Credit Rating Removed From CreditWatch; Outlook Stable
Published Jul 22, 2009
Published Jul 22, 2009
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Abstract:

We are removing NRG Energy Inc.'s ratings from CreditWatch and changing the outlook to stable. The change comes from the rejection by NRG shareholders of Exelon's improved offer on July 21, 2009, and with Exelon ending its attempt to complete the acquisition. SAN FRANCISCO (Standard&Poor's) July 22, 2009--Standard&Poor's Ratings Services today removed the 'BB-' corporate credit rating (CCR) of NRG Energy Inc. (NRG) from CreditWatch with positive implications. The outlook is stable. "The rating was placed on CreditWatch on Oct. 21, 2008, following Exelon Corp.'s announcement of an all-stock offer to purchase all outstanding NRG shares at an exchange ratio of 0.485 shares of Exelon for each share of NRG," said Standard&Poor's credit analyst

  
Report Type:

Ratings Action

Ticker
Issuer
GICS
Independent Power Producers & Energy Traders (55105010)
Sector
Global Issuers
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MLA:
S&P Global Ratings’ Credit Research. "NRG Energy Inc. Corporate Credit Rating Removed From CreditWatch; Outlook Stable" Jul 22, 2009. Alacra Store. May 25, 2025. <http://www.alacrastore.com/s-and-p-credit-research/NRG-Energy-Inc-Corporate-Credit-Rating-Removed-From-CreditWatch-Outlook-Stable-735441>
  
APA:
S&P Global Ratings’ Credit Research. (). NRG Energy Inc. Corporate Credit Rating Removed From CreditWatch; Outlook Stable Jul 22, 2009. New York, NY: Alacra Store. Retrieved May 25, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/NRG-Energy-Inc-Corporate-Credit-Rating-Removed-From-CreditWatch-Outlook-Stable-735441>
  
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