PS Colorado Rtgs Raised;Still S&PWatch,Positive - S&P Global Ratings’ Credit Research

PS Colorado Rtgs Raised;Still S&PWatch,Positive

PS Colorado Rtgs Raised;Still S&PWatch,Positive - S&P Global Ratings’ Credit Research
PS Colorado Rtgs Raised;Still S&PWatch,Positive
Published May 24, 1996
Published May 24, 1996
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Abstract:

NY -- Standard & Poor's CreditWire 5/24/96 -- Standard and Poor's today has raised its senior secured debt rating of Public Service Co. of Colorado (PSCo) to single-`A'-minus from triple-`B'-plus and preferred stock rating on the company to triple-`B'-plus from triple-`B'. Standard & Poor's has raised its rating on wholly owned subsidiary PS Colorado Credit Corp.'s senior unsecured debt to single-`A'-minus from triple- `B'-plus. Commercial paper ratings of PSCo and PS Colorado Credit have been affirmed at `A-2'. Ratings remain on CreditWatch with positive implications, where they were placed Aug. 28, 1995, pending a merger with Southwestern Public Service Co. (double-`A' senior secured debt, CreditWatch negative). If the merger is consummated, the senior debt rating of the combined entity will

  
Report Type:

News

Issuer
Sector
Electric, Global Issuers, Utilities
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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MLA:
S&P Global Ratings’ Credit Research. "PS Colorado Rtgs Raised;Still S&PWatch,Positive" May 24, 1996. Alacra Store. May 05, 2025. <http://www.alacrastore.com/s-and-p-credit-research/PS-Colorado-Rtgs-Raised-Still-S-PWatch-Positive-77392>
  
APA:
S&P Global Ratings’ Credit Research. (). PS Colorado Rtgs Raised;Still S&PWatch,Positive May 24, 1996. New York, NY: Alacra Store. Retrieved May 05, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/PS-Colorado-Rtgs-Raised-Still-S-PWatch-Positive-77392>
  
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