Research Update: NRG Energy Inc. 'BB-' Corporate Credit Rating Affirmed; $750 Million Bond Issue Rated 'BB-' - S&P Global Ratings’ Credit Research

Research Update: NRG Energy Inc. 'BB-' Corporate Credit Rating Affirmed; $750 Million Bond Issue Rated 'BB-'

Research Update: NRG Energy Inc. 'BB-' Corporate Credit Rating Affirmed; $750 Million Bond Issue Rated 'BB-' - S&P Global Ratings’ Credit Research
Research Update: NRG Energy Inc. 'BB-' Corporate Credit Rating Affirmed; $750 Million Bond Issue Rated 'BB-'
Published Aug 17, 2010
Published Aug 17, 2010
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

The NRG Inc. 'BB-' corporate credit rating and all issue ratings have been affirmed. The outlook is stable. A 'BB-' rating and '3' recovery rating were assigned to the company's proposed $750 million senior bond issue to finance the acquisition of 3.8 gigawatts of gas-fired assets from Dynegy. NRG's financial profile is expected to be sufficient for the rating through 2012. Management will be challenged to balance the low-commodity-price environment with growth objectives in a credit-supportive manner. Rating does not incorporate nuclear project. On Aug. 17, 2010. Standard&Poor's Ratings Services affirmed its 'BB-' corporate credit rating and all issue ratings on NRG Energy Inc. The outlook is stable. In addition, we assigned our 'BB-' rating to the company's

  
Report Type:

Research Update

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

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. "Research Update: NRG Energy Inc. 'BB-' Corporate Credit Rating Affirmed; $750 Million Bond Issue Rated 'BB-'" Aug 17, 2010. Alacra Store. May 25, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-NRG-Energy-Inc-BB-Corporate-Credit-Rating-Affirmed-750-Million-Bond-Issue-Rated-BB-815209>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: NRG Energy Inc. 'BB-' Corporate Credit Rating Affirmed; $750 Million Bond Issue Rated 'BB-' Aug 17, 2010. New York, NY: Alacra Store. Retrieved May 25, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-NRG-Energy-Inc-BB-Corporate-Credit-Rating-Affirmed-750-Million-Bond-Issue-Rated-BB-815209>
  
US$ 225.00
$  £  
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.