Singapore Power Ratings Remain On Watch Positive; Expected To Be Raised To 'AA' - S&P Global Ratings’ Credit Research

Singapore Power Ratings Remain On Watch Positive; Expected To Be Raised To 'AA'

Singapore Power Ratings Remain On Watch Positive; Expected To Be Raised To 'AA' - S&P Global Ratings’ Credit Research
Singapore Power Ratings Remain On Watch Positive; Expected To Be Raised To 'AA'
Published May 16, 2005
543 words — Published May 16, 2005
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Abstract:

SINGAPORE (Standard&Poor's) May 16, 2005--Standard&Poor's Ratings Services said today that its 'AA-' corporate credit ratings on Singapore Power and SP PowerAssets Ltd. as well as the issue ratings on their medium-term notes remain on CreditWatch with positive implications. If the transaction is completed under the terms and conditions understood by Standard&Poor's, the ratings on Singapore Power and SP PowerAssets are likely to be raised to 'AA' with a stable outlook. The ratings were placed on CreditWatch on March 9, 2005, after Singapore Power announced that it had signed an agreement to sell the merchant energy business of SPI Australia Holdings (Partnership) L.P. (A-/Watch Pos/--), its wholly owned subsidiary, to CLP Australia Energy Holdings Pty

  
Brief Excerpt:

RESEARCH Singapore Power Ratings Remain On Watch Positive; Expected To Be Raised To '##' Publication date: 16-May-2005 SINGAPORE (Standard & Poor's) May 16, 2005--Standard & Poor's Ratings Services said today that its '##-' corporate...

  
Report Type:

Ratings Action

Ticker
SP@SP
Issuer
GICS
Multi-Utilities (55103010)
Sector
Asset-Backed Securities, Electric, Global Issuers, Structured Finance, Utilities
Country
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. "Singapore Power Ratings Remain On Watch Positive; Expected To Be Raised To 'AA'" May 16, 2005. Alacra Store. May 06, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Singapore-Power-Ratings-Remain-On-Watch-Positive-Expected-To-Be-Raised-To-AA-439921>
  
APA:
S&P Global Ratings’ Credit Research. (). Singapore Power Ratings Remain On Watch Positive; Expected To Be Raised To 'AA' May 16, 2005. New York, NY: Alacra Store. Retrieved May 06, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Singapore-Power-Ratings-Remain-On-Watch-Positive-Expected-To-Be-Raised-To-AA-439921>
  
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