S&PCORRECT: PanEnergy 'A-2' Commercial Paper Rating Affirmed; Off CreditWatch - S&P Global Ratings’ Credit Research

S&PCORRECT: PanEnergy 'A-2' Commercial Paper Rating Affirmed; Off CreditWatch

S&PCORRECT: PanEnergy 'A-2' Commercial Paper Rating Affirmed; Off CreditWatch - S&P Global Ratings’ Credit Research
S&PCORRECT: PanEnergy 'A-2' Commercial Paper Rating Affirmed; Off CreditWatch
Published Jun 20, 1997
Published Jun 20, 1997
Price US$ 150.00  |  Buy this Report Now

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Abstract:

NY -- Standard&Poor's CreditWire 6/20/97 -- Standard&Poor's today has raised its ratings on PanEnergy Corp. and its subsidiaries and has removed the ratings from CreditWatch where they were placed Nov. 25, 1996 (see list below). The outlook is stable. In the release sent out earlier today, it was incorrectly stated that the 'A-2' commercial paper rating on PanEnergy Corp. was being withdrawn. The rating is affirmed and removed from CreditWatch. -- CreditWire RATINGS RAISED AND REMOVED FROM CREDITWATCH To From PanEnergy Corp. Corporate credit rating A- BBB Senior unsecured A- BBB Panhandle Eastern Pipe Line Co. Corporate credit rating A BBB+ Senior unsecured A BBB+ Texas Eastern Transmission Corp. Corporate credit rating A BBB+ Senior unsecured

  
Report Type:

Ratings Action

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Issuer
GICS
Electric Utilities (55101010)
Sector
Global Issuers , Structured Finance
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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&PCORRECT: PanEnergy 'A-2' Commercial Paper Rating Affirmed; Off CreditWatch" Jun 20, 1997. Alacra Store. May 23, 2025. <http://www.alacrastore.com/s-and-p-credit-research/S-PCORRECT-PanEnergy-A-2-Commercial-Paper-Rating-Affirmed-Off-CreditWatch-254499>
  
APA:
S&P Global Ratings’ Credit Research. (). S&PCORRECT: PanEnergy 'A-2' Commercial Paper Rating Affirmed; Off CreditWatch Jun 20, 1997. New York, NY: Alacra Store. Retrieved May 23, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/S-PCORRECT-PanEnergy-A-2-Commercial-Paper-Rating-Affirmed-Off-CreditWatch-254499>
  
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