S&P: EnergySolutions on watch

Standard & Poor's said it placed its ratings, including its BB- corporate credit rating, on EnergySolutions Inc. and its subsidiaries on CreditWatch with negative implications.

"The CreditWatch placement reflects our view that EnergySolutions' financial profile is unlikely to improve to levels consist with our previous expectations for the ratings," said S&P credit analyst James Siahaan in a news release.

S&P said it now believes the funds from operations to debt ratio could fail to meet previous expectations of 15% to 20% during the next year.

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