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S&P revises Duke Energy view to stable
S&P said it revised the outlook on Duke Energy Corp. and its subsidiaries to stable from negative.
“Our decision to revise the outlook on Duke Energy Corp. and its subsidiaries follows its announced equity forward transaction of $2.5 billion. We expect that Duke Energy's proceeds from this issuance will result in improved consolidated financial measures, including funds from operations (FFO) to debt consistently above 15% throughout our forecast period,” said S&P in a press release.
S&P also affirmed its ratings on Duke and its subsidiaries.
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