E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 8/26/2008 in the Prospect News High Yield Daily.

S&P affirms CE Generation bonds BB+

Standard & Poor's said it affirmed its BB+ rating on CE Generation LLC's $400 million senior secured bonds due 2018 and assigned a recovery rating of 1.

The outlook is stable.

S&P said that the rating on CE Gen reflects the strength of the contracted cash flows from its subsidiary Salton Sea Funding Corp., which is expected to account for nearly all of CE Gen's contracted cash flows after 2009.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.