S&P Corrects Long-Term Issue Rating On French Power Utility EDF's €2 Billion Notes To 'A+' - S&P Global Ratings’ Credit Research

S&P Corrects Long-Term Issue Rating On French Power Utility EDF's €2 Billion Notes To 'A+'

S&P Corrects Long-Term Issue Rating On French Power Utility EDF's €2 Billion Notes To 'A+' - S&P Global Ratings’ Credit Research
S&P Corrects Long-Term Issue Rating On French Power Utility EDF's €2 Billion Notes To 'A+'
Published Jan 31, 2012
Published Jan 31, 2012
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Abstract:

PARIS (Standard&Poor's) Jan. 31, 2012--Standard&Poor's Ratings Services said today that it lowered its long-term issue rating to 'A+' from 'AA-' on the €2 billion senior unsecured notes due January 18, 2022, issued by France-based utility Electricite de France S.A. (EDF; A+/Stable/A-1). The rating was also removed from CreditWatch with negative implications, where it was placed on Jan. 13, 2012. Due to an error, we did not lower the rating on the notes and remove it from CreditWatch negative at the time of our latest rating action on EDF on Jan. 17, 2012. Our other ratings on EDF are unaffected by today's action. RELATED CRITERIA AND RESEARCH French Power Utility EDF Downgraded To 'A+/A-1' Following Similar Action

  
Report Type:

Ratings Action

Ticker
EDF@FP
Issuer
GICS
Electric Utilities (55101010)
Sector
Global Issuers, Structured Finance
Country
Region
United States
Format:
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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. "S&P Corrects Long-Term Issue Rating On French Power Utility EDF's €2 Billion Notes To 'A+'" Jan 31, 2012. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/S-P-Corrects-Long-Term-Issue-Rating-On-French-Power-Utility-EDF-s-2-Billion-Notes-To-A-934538>
  
APA:
S&P Global Ratings’ Credit Research. (). S&P Corrects Long-Term Issue Rating On French Power Utility EDF's €2 Billion Notes To 'A+' Jan 31, 2012. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/S-P-Corrects-Long-Term-Issue-Rating-On-French-Power-Utility-EDF-s-2-Billion-Notes-To-A-934538>
  
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