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SingPower, SP PowerAssets, SP AusNet Placed On Watch Negative After Alinta Joint Acquisition

Published Mar 30, 2007

682 words — Published Mar 30, 2007

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Abstract:

SINGAPORE (Standard&Poor's) March 30, 2007--Standard&Poor's Ratings Services said today it placed its 'AA' long-term corporate credit ratings on Singapore Power Ltd. (SingPower) and its wholly-owned subsidiary SP PowerAssets Ltd. (SPPA), and its 'A'/'A-1' long-term corporate credit ratings on 51%-owned subsidiary Australian-based SP AusNet Group (SP AusNet) on CreditWatch with negative implications. At the same time, Standard&Poor's placed its senior unsecured issue rating on SingPower's, SPPA's, and SP AusNet's notes on CreditWatch with negative implications. Entities under SP AusNet, namely SPI Australia Holdings (Partnership) L.P. (A/--), SPI PowerNet Pty Ltd. (A/A-1), SPI Electricity&Gas Australia Holdings Pty Ltd. (A/A-1), and SPI Electricity Pty Ltd. (A/--), were placed on CreditWatch with negative implications. Certain issues

Brief Excerpt:

RESEARCH SingPower, SP PowerAssets, SP AusNet Placed On Watch Negative After Alinta Joint Acquisition Publication date: 30-Mar-2007 SINGAPORE (Standard & Poor's) March 30, 2007--Standard & Poor's Ratings Services said today it placed...

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:

HTML

Higher Debt Funding For Asset Purchase Will Affect Singapore Power, SP PowerAssets Ratings – 2007/11/08 – US$ 150.00

Summary: Singapore Power Ltd. – 2007/12/07 – US$ 225.00

Singapore Power Ltd. – 2007/12/07 – US$ 500.00

SingPower, SPPA Ratings Remain On Watch Neg After Cancellation Of Alinta Deal With SP Ausnet – 2007/12/12 – US$ 150.00

Ratings On SingPower And SP PowerAssets Lowered To 'AA-' From 'AA' With Negative Outlook – 2008/03/31 – US$ 150.00

Research Update: SingPower, SP PowerAssets, SP AusNet Placed On Watch Negative After Alinta Joint Acquisition – 2007/03/30 – US$ 225.00

'AA' Ratings On SingPower And SP PowerAssets Affirmed On Business Stability – 2006/09/21 – US$ 150.00

Research Update: 'AA' Ratings On Singapore Power Ltd. Affirmed With Stable Outlook – 2006/09/21 – US$ 225.00

Singapore Power Ltd. – 2006/09/21 – US$ 500.00

Singapore Power Ltd. – 2005/11/18 – US$ 500.00

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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. "SingPower, SP PowerAssets, SP AusNet Placed On Watch Negative After Alinta Joint Acquisition" Mar 30, 2007. Alacra Store. May 06, 2025. <http://www.alacrastore.com/s-and-p-credit-research/SingPower-SP-PowerAssets-SP-AusNet-Placed-On-Watch-Negative-After-Alinta-Joint-Acquisition-570079>

APA:	S&P Global Ratings’ Credit Research. (). SingPower, SP PowerAssets, SP AusNet Placed On Watch Negative After Alinta Joint Acquisition Mar 30, 2007. New York, NY: Alacra Store. Retrieved May 06, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/SingPower-SP-PowerAssets-SP-AusNet-Placed-On-Watch-Negative-After-Alinta-Joint-Acquisition-570079>

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