| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers D > Headlines for Duke Energy Progress, Inc. > News item |
Moody's upgrades Duke Energy
Moody's Investors Service said it upgraded Duke Energy Corp.'s long-term ratings senior unsecured to Baa1 from Baa2 and utility subsidiaries Duke Energy Carolinas, LLC senior unsecured to A2 from A3, Duke Energy Progress, Inc. senior unsecured to A2 from A3 and Duke Energy Indiana, Inc. senior unsecured to A3 from Baa1.
The outlooks are all stable
"The upgrade of Duke Energy and three of its utility subsidiaries reflects the improvement in their credit profiles following the resolution of several key issues and uncertainties since its merger with Progress Energy nearly 15 months ago," Moody's senior vice president Michael G. Haggarty said in a news release.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.