| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers G > Headlines for GDF SUEZ SA > News item |
S&P: International Power on positive watch
Standard & Poor's said it placed its BBB- long-term corporate credit rating on International Power plc on CreditWatch with positive implications.
The agency said it also placed its BB+ issue rating on the senior unsecured debt issued or guaranteed by International Power on CreditWatch positive.
The agency said the CreditWatch placement follows the announcement that GDF SUEZ SA, which currently holds 70% of International Power, has offered to purchase the remaining 30% stake.
S&P said GDF SUEZ's offer reinforces the agency's view of International Power as a core asset for GDF SUEZ and the agency's belief that International Power is increasingly integrating into its parent's business mix.
© 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.