Following through on previously announced plans to deleverage the company’s balance sheet and focus investments in the Americas, Duke Energy said Sunday that it has agreed to sell its Asia-Pacific assets, including all of its pipeline and power generation assets in Australia and New Zealand, to Australian combination utility company Alinta Ltd. for US$1.238 billion (A$1.69 billion).
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TXU Europe’s Problems Grow, But Corporate Shows ‘Strong Support’ for Investment-Grade Rating, Says S&P
As long as TXU Corp. can deleverage itself and lower its debt-to-capital ratio in a “fairly rapid fashion,” Standard & Poor’s Ratings Services (S&P) analyst Judith Waite believes the company shows strong support for an investment-grade rating.
October 21, 2002
TXU Corp. Shows ‘Strong Support’ for Investment-Grade Rating, Says S&P
As long as TXU Corp. can deleverage itself and lower its debt-to-capital ratio in a “fairly rapid fashion,” Standard & Poor’s Ratings Services (S&P) analyst Judith Waite believes the company shows strong support for an investment-grade rating.
October 16, 2002
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