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Abengoa Yield Assigned BB+ Rating by Standard & Poor's

2015-06-04 06:11:03| Paper - Topix.net

Abengoa Yield , the sustainable total return company that owns a diversified portfolio of contracted assets in the energy and environment sectors, announced today that it has been assigned a corporate credit rating of BB+ with a stable outlook by Standard & Poor's Rating Services. Additionally, Abengoa Yield senior unsecured notes due in 2019 were also assigned the same BB+ credit rating and the senior secured credit facility due in 2018 was assigned a BBB rating.

Tags: rating standard assigned yield

Santos credit rating safe for now, says Standard & Poor's

2015-02-04 11:43:47| Oil & Gas - Topix.net

Santos is in no immediate danger of a further cut to its credit rating despite last month's downgrading of crude oil prices, Standard & Poor's has declared. But S&P senior director Craig Parker said moves Santos had already taken to cut spending and add $1 billion of debt funding has put it on the way to achieving the financial ratios it needs for its negative outlook to be removed.

Tags: rating standard credit safe