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Provider: Thomson Reuters StreetEvents
$75.00
Provider: GlobalData
$125.00
Provider: Thomson Reuters StreetEvents
$75.00
Provider: GlobalData
$250.00

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Standard & Poor's Affirms Abengoa SA’s B Rating-DJ


Monday, 4 Nov 2013 11:43am EST 

Dow Jones reported that Standard & Poor's affirmed its long- and short-term corporate credit ratings on Abengoa SA at B/B. The outlook is negative. At the same time, the agency affirmed its B issue rating on the senior unsecured notes issued by Abengoa SA and Abengoa Finance SAU. The recovery rating on these facilities is unchanged at 4, indicating expectation of average (30%-50%) recovery in the event of a payment default. The affirmation follows Abengoa SA's completion of a capital increase totaling EUR 517 million and issuance of a tap totaling EUR 300 million on its senior unsecured notes due February 5, 2018. 

Company Quote

4.444
0.035 +0.79%
11:35am EDT