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 1/24/2022 in the Prospect News Investment Grade Daily.

S&P turns Tenaska Georgia view to positive

S&P said it revised Tenaska Georgia Partners LP’s outlook to positive from stable and affirmed its BBB- senior secured debt rating.

Tenaska sells all its power production to Exelon Generation Co. LLC.

The outlook revision follows a similar action on Exelon’s outlook to positive on Jan. 10, S&P said.

“Because the rating on TGP is linked to the rating on irreplaceable revenue counterparty ExGen, we have mirrored the outlook revision on the project's senior secured debt,” the agency said in a press 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.