S&PCORRECT: Singapore Power S$300 Million Medium-Term Notes Rated 'AAA' - S&P Global Ratings’ Credit Research

S&PCORRECT: Singapore Power S$300 Million Medium-Term Notes Rated 'AAA'

S&PCORRECT: Singapore Power S$300 Million Medium-Term Notes Rated 'AAA' - S&P Global Ratings’ Credit Research
S&PCORRECT: Singapore Power S$300 Million Medium-Term Notes Rated 'AAA'
Published Jul 24, 2000
Published Jul 24, 2000
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

(EDITOR'S NOTE: The article on Singapore Power published July 24, 2000 contained a wrong figure in the headline. The complete, correct article follows.) SINGAPORE (Standard&Poor's CreditWire) July 24, 2000--Standard&Poor's today assigned its triple-'A' rating to Singapore Power Ltd.'s (SingPower) Singapore dollar (S$) 300 million senior unsecured medium-term notes due 2003. The ratings on SingPower reflect the company's extremely strong financial profile, the low risk in its principal ongoing business in power transmission and distribution, and a relatively supportive policy and regulatory environment. Its credit standing is enhanced to some extent by its ownership by the government of Singapore (AAA/Stable/A-1+). SingPower is a vertically integrated electricity utility that commands a monopoly position in power transmission, distribution, and

  
Report Type:

Ratings Action

Ticker
SP@SP
Issuer
Singapore Power Ltd.
GICS
Multi-Utilities (55103010)
Sector
Global Issuers, Structured Finance
Country
Singapore
Region
Europe, Middle East, Africa
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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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "S&PCORRECT: Singapore Power S$300 Million Medium-Term Notes Rated 'AAA'" Jul 24, 2000. Alacra Store. May 09, 2025. <http://www.alacrastore.com/s-and-p-credit-research/S-PCORRECT-Singapore-Power-S-300-Million-Medium-Term-Notes-Rated-AAA-268786>
  
APA:
S&P Global Ratings’ Credit Research. (). S&PCORRECT: Singapore Power S$300 Million Medium-Term Notes Rated 'AAA' Jul 24, 2000. New York, NY: Alacra Store. Retrieved May 09, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/S-PCORRECT-Singapore-Power-S-300-Million-Medium-Term-Notes-Rated-AAA-268786>
  
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