E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 7/3/2012 in the Prospect News Investment Grade Daily.

S&P: Ohio unaffected

Standard & Poor's said the Public Utilities Commission of Ohio's decision to transition Ohio Power Co., a subsidiary of American Electric Power Co. Inc., to full retail competition for generation effective no later than Aug. 8, has no immediate effect on ratings.

However, in the longer term, the agency said it believes this change will likely erode credit quality.


© 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.