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DONG Energy’s S&P rating downgraded to BBB+


Published Oct 25, 2012
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Standard & Poor’s (S&P) has lowered DONG Energy’s rating to ‘BBB+’ from ‘A-‘. The outlook is negative. The rating action is a consequence of the challenging gas and power markets.

“DONG Energy has a solid credit profile and even with this downgrade we are still in line with our minimum rating target of Baa1/BBB+. We remain strongly committed to this rating target and will take the actions necessary to maintain it”, says Carsten Krogsgaard Thomsen, CFO of DONG Energy.

Tags: DONG Energy




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