South Africa: Eskom Gets Mixed Credit Ratings

27 November 2015

While credit ratings agency Moody's rated Eskom as having a stable outlook on Friday, Standard & Poor's gave the utility a negative outlook.

"Following the announcement of Eskom's 2015 interim financial results this week, Moody's Investors Service has affirmed Eskom's Ba1 senior unsecured credit rating with a stable outlook. Standard & Poor's (S&P) also affirmed Eskom's local and foreign currency corporate credit rating at "BB+", with a negative outlook," Eskom said.

...

AllAfrica publishes around 500 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.