Home Credit Ratings and Research S&P Global Ratings’ Credit Research Evergy Missouri West Inc.

Summary: Aquila Inc.

Published Sep 14, 2007

892 words — Published Sep 14, 2007

Price US$ 225.00 | Buy this Report Now

About This Report

Abstract:

The ratings on integrated utility company Aquila Inc. are on CreditWatch with positive implications, pending the requisite approvals for the sale of all its common stock to Great Plains Energy Inc. The pending sale of three gas utilities and one electric utility with cash proceeds originally estimated at about $1 billion applied to debt reduction will be the final step in Aquila's original divestiture and debt-reduction plan. Pro forma total adjusted debt to capital is expected to be about 53%. Standard&Poor's placed its rating on Aquila on CreditWatch with positive implications when the company signed definitive agreements with buyers of the aforementioned utilities in 2005. Cash proceeds from all four sales (with the last of the four occurring

Brief Excerpt:

RESEARCH Summary: Aquila Inc. Publication date: 14-Sep-2007 Primary Credit Analyst: Gerrit Jepsen, CFA, New York (1) 212-438-2529; gerrit_jepsen@standardandpoors.com Credit Rating: B+/Watch Pos/## Rationale The ratings on integrated...

Report Type:

Summary

Ticker

ILA

Issuer

Evergy Missouri West Inc.

GICS

Multi-Utilities (55103010)

Sector

Global Issuers

Country

United States

Region

United States

Format:

PDF

Aquila Inc.'s Rating Raised To 'BB-', Still On Watch Positive – 2008/03/20 – US$ 150.00

Research Update: Aquila Inc.'s Rating Is Raised To 'BB-'; Still On Watch Positive – 2008/03/20 – US$ 225.00

Aquila Inc. – 2008/09/19 – US$ 500.00

Summary: Aquila Inc. – 2008/09/19 – US$ 225.00

KCP&L Greater Missouri Operations Co. – 2009/03/19 – US$ 500.00

Aquila Inc. – 2007/09/14 – US$ 500.00

Aquila Rating Raised To 'B+'; Ratings Still On Watch Pos – 2007/05/15 – US$ 150.00

Research Update: Aquila Upgraded To 'B+'; Rating Still On Watch Pos – 2007/05/15 – US$ 225.00

Aquila 'B-2' Short-Term Rtg Placed On Watch Pos Re: Acquisition; Long-Term Rtgs Still On Watch – 2007/02/07 – US$ 150.00

Research Update: Aquila 'B-2' Short-Term Rating Put On Watch Pos Re: Acquisition; Long-Term Rtg Still On Watch – 2007/02/07 – US$ 225.00

More from S&P Global Ratings’ Credit Research

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.

About the Author

Cite this Report


MLA:	S&P Global Ratings’ Credit Research. "Summary: Aquila Inc." Sep 14, 2007. Alacra Store. May 24, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Aquila-Inc-602043>

APA:	S&P Global Ratings’ Credit Research. (). Summary: Aquila Inc. Sep 14, 2007. New York, NY: Alacra Store. Retrieved May 24, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Aquila-Inc-602043>

US$ 225.00

$ £ €

Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

Example Report

Click to View Sample Report

More Research

Search all our Credit Research from one place.