S&P Rts CL&P 1st Mtg Bnds `BBB';Rtgs Still Watch,Neg - S&P Global Ratings’ Credit Research

S&P Rts CL&P 1st Mtg Bnds `BBB';Rtgs Still Watch,Neg

S&P Rts CL&P 1st Mtg Bnds `BBB';Rtgs Still Watch,Neg - S&P Global Ratings’ Credit Research
S&P Rts CL&P 1st Mtg Bnds `BBB';Rtgs Still Watch,Neg
Published Jun 24, 1996
Published Jun 24, 1996
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

NY -- Standard & Poor's CreditWire 6/24/96 -- Standard & Poor's today has assigned its triple-`B' senior secured rating to Connecticut Light & Power Co.'s (CL&P) $160 million first mortgage bonds due 2001 and has placed it on CreditWatch with negative implications. The triple-`B' corporate credit rating and senior secured rating, the `A- 2' commercial paper rating, and the triple-`B'-minus preferred stock rating for CL&P, a unit of Northeast Utilities, remain on CreditWatch with negative implications. At March 31, 1996, CL&P had approximately $1.9 billion of total debt outstanding. The CreditWatch listing stems from concerns over the ongoing nuclear plant difficulties at the Millstone Nuclear Station, which is under intense scrutiny by the Nuclear Regulatory Commission (NRC). All three Millstone

  
Report Type:

News

Issuer
Sector
Electric, Financial Institutions, Global Issuers, Utilities
Format:
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Summary: Connecticut Light & Power Co. – 2002/07/03 – US$ 225.00

Summary: Connecticut Light & Power Co. – 2003/09/09 – US$ 225.00

Connecticut Light&Power Rating Affirmed – 2003/10/02 – US$ 150.00

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MLA:
S&P Global Ratings’ Credit Research. "S&P Rts CL&P 1st Mtg Bnds `BBB';Rtgs Still Watch,Neg" Jun 24, 1996. Alacra Store. May 04, 2025. <http://www.alacrastore.com/s-and-p-credit-research/S-P-Rts-CL-P-1st-Mtg-Bnds-BBB-Rtgs-Still-Watch-Neg-77615>
  
APA:
S&P Global Ratings’ Credit Research. (). S&P Rts CL&P 1st Mtg Bnds `BBB';Rtgs Still Watch,Neg Jun 24, 1996. New York, NY: Alacra Store. Retrieved May 04, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/S-P-Rts-CL-P-1st-Mtg-Bnds-BBB-Rtgs-Still-Watch-Neg-77615>
  
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