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Fitch sees power sector credit ratings improving despite weaker than normal economic upswing

机译:惠誉认为,尽管经济增速低于正常水平,但电力行业的信用评级仍在提高

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Power sector credit ratings held steady during the recession nand should improve despite a weaker than normal economic nrecovery, Fitch Ratings predicted November 1.n In fact, said Managing Director Glen Grabelsky, Fitch’s rat-nings distributions have shown very little change in five years: nthe median rating of parent level companies’ unsecured debt at nBBB, and for operating companies at BBB+. n “More telling is the low level of ratings activity despite nthe recession. Since the [sector’s] problems of 2002-03 there nhas been a relatively low level of ratings activity,” he added, nat Fitch’s 22d “Power Breakfast” at the Edison Electric Institute nFinancial Conference in Palm Desert, California. n “It’s important to note that the numbers up here are con-nsistent with a normal two-year cycle, unlike in 2002-03: Our nglobal power rating actions totaled 520 between September n2008 and September 2010: 349 affirmations, 27 upgrades and 50 ndowngrades,” said Senior Director Karen Anderson.
机译:惠誉国际评级11月1日预测,尽管经济复苏不及正常,电力行业信用评级仍保持稳定,尽管有所改善,但信用评级应会提高。事实上,常务董事Glen Grabelsky表示,惠誉的老鼠率分布在五年中几乎没有变化: nBBB母公司级公司的无担保债务的中位数评级,BBB +公司对运营公司的中级评级。 “尽管经济不景气,但更多的是评分活动水平较低。由于2002-03年[部门]的问题,收视率活动一直相对较低,”菲奇在加利福尼亚州棕榈沙漠的爱迪生电气学院nFinancial会议上发表的22天“动力早餐”补充说。 n“需要特别注意的是,此处的数字与正常的两年周期一致,与2002-03年度不同:在2008年9月至2010年9月之间,我们的nglobal功率评级行动总计520次:349次肯定,27次升级和50次降级。”高级总监Karen Anderson说。

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