Quantcast
Channel: WN.com - Articles related to Fitch Affirms Ares Management Entities at 'BBB+'; Outlook Stable
Viewing all articles
Browse latest Browse all 75

Fitch Affirms CE Generation, LLC's $400MM Senior Notes at 'BB-'; Outlook Stable (Fitch Inc)

$
0
0
(Source: Fitch Inc) 05 Nov 2015 9:47 PM GMT/UTC Fitch Ratings-San Francisco-05 November 2015: Fitch Ratings has affirmed the 'BB-' rating for CE Generation, LLC's (CE Gen) $400 million senior notes ($109 million outstanding) due in 2018. The Rating Outlook is Stable. The rating reflects operating cash flow insufficient to meet scheduled debt service payments, with continuing reliance on parent Berkshire Hathaway Energy Company's (BHE, rated 'BBB+' with a Stable Outlook by Fitch) track record of providing non-obligatory equity support to fund capex and meet debt service shortfalls. The Stable Outlook incorporates Fitch's expectation that BHE will continue to provide equity support as needed...

Viewing all articles
Browse latest Browse all 75

Trending Articles



<script src="https://jsc.adskeeper.com/r/s/rssing.com.1596347.js" async> </script>