PSEG Power LLC $1.6 Billion Notes Are Rated 'BBB' - S&P Global Ratings’ Credit Research

PSEG Power LLC $1.6 Billion Notes Are Rated 'BBB'

PSEG Power LLC $1.6 Billion Notes Are Rated 'BBB' - S&P Global Ratings’ Credit Research
PSEG Power LLC $1.6 Billion Notes Are Rated 'BBB'
Published Mar 27, 2001
Published Mar 27, 2001
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

NEW YORK (Standard&Poor's CreditWire) March 27, 2001--Standard&Poor's today assigned its triple-'B' corporate credit rating to PSEG Power LLC and its triple-'B' senior unsecured rating to the company's $1.6 billion of senior notes. The notes will be used to fund PSEG Power's acquisition of generation assets. At the same time, Standard&Poor's has affirmed its ratings on parent Public Service Enterprise Group Inc. (Enterprise; BBB/Stable/A-2), utility affiliate Public Service Electric&Gas Co. (PSE&G; A-/Stable/A-2), and affiliate PSEG Energy Holdings Inc. (A complete list of ratings is available on RatingsDirect, Standard&Poor's on-line credit research service, or by calling the Standard&Poor's Ratings Desk at (1) 212-438-2400.) The ratings on PSEG Power and its

  
Report Type:

Ratings Action

Ticker
28302Z
Issuer
GICS
Independent Power Producers & Energy Traders (55105010)
Sector
Global Issuers
Country
Region
Format:
HTML HTML
Buy Now

Research Update: PSEG Power LLC – 2002/05/28 – US$ 225.00

Summary: PSEG Power LLC – 2002/07/03 – US$ 225.00

PSEG Power LLC – 2003/09/02 – US$ 500.00

Summary: PSEG Power LLC – 2003/09/11 – US$ 225.00

Summary: PSEG Power LLC – 2001/03/27 – US$ 225.00

More from S&P Global Ratings’ Credit Research

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.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "PSEG Power LLC $1.6 Billion Notes Are Rated 'BBB'" Mar 27, 2001. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/PSEG-Power-LLC-1-6-Billion-Notes-Are-Rated-BBB-187824>
  
APA:
S&P Global Ratings’ Credit Research. (). PSEG Power LLC $1.6 Billion Notes Are Rated 'BBB' Mar 27, 2001. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/PSEG-Power-LLC-1-6-Billion-Notes-Are-Rated-BBB-187824>
  
US$ 150.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Credit Research from one place.