S&P affirms YTL Power

Standard & Poor's said it affirmed its BBB corporate credit rating on YTL Power International Bhd. The outlook is stable.

S&P said the rating on YTL Power reflects the stable revenue from its domestic and overseas businesses, strong operating efficiency of assets and a degree of business diversification.

Offsetting these strengths are aggressive financial policy, moderate counterparty risk and high reserve margin in Malaysia.

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