CLP Holdings and CLP Power on review for possible downgrade - Moody's |
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Published
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Tue, 08 Jan 2008 08:43
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MUMBAI (Thomson Financial) - Moody's Investors Service said it placed on review for possible downgrade the 'A1' issuer rating of CLP Holdings Ltd (CLPH) and the 'Aa3' senior unsecured debt rating of CLP Power Hong Kong Ltd (CLP Power), the 100 pct-owned regulated subsidiary of CLPH.At the same time, Moody's said it affirmed the 'Prime-1' short term rating for both companies.Moody's said the rating action follows the group's announcement that it has reached final agreement with the Hong Kong SAR Government on the Scheme of Control (SOC) post 2008, and which governs the operation of CLP Power.tfn.newsdesk@thomson.comrsh/ssaCOPYRIGHTCopyright Thomson Financial News Limited 2007. All rights reserved.The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
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SP AusNet group's 'A1' ratings still on reveiw for downgrade - Moody's 