S&P changes Enmax outlook to stable

S&P said it revised its outlooks for Enmax Corp. to stable from negative and affirmed its ratings on Enmax, including the BBB- issuer credit and issue-level ratings.

The stable outlook reflects an expectation of better financial performance that will continue over the forecast period.

S&P said it expects Enmax to maintain an FFO-to-debt ratio of between 13% and 14% over the next two years.

© 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.