Tag: Standard & Poor’s

S&P takes to the skies with first ever easyJet rating

Standard & Poor’s has rated European low-cost airline easyJet for the first time, assigning a long-term investment-grade corporate credit rating of ‘BBB+’ to both easyJet plc and its subsidiary, easyJet Airline Company ltd. The outlook is stable. Also given a ‘BBB+’ rating was the £3 billion medium-term note program issued by the company. S&P cited …

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A new dawn, a new day? S&P explains the implications of The Paris Agreement

Last December’s climate change conference in Paris (COP21) saw governments from 195 countries approve a global climate deal – also known as The Paris Agreement – which sets out a series of unprecedented financial, technical, and legal principles that will govern greenhouse gas emission reduction efforts. Of course, critics argue the efforts may not go far …

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S&P’s new rating of Belgium care home ProjectCo ‘Silverstone’ covered by IJGLobal

Standard and Poor’s new long-term issue rating of ‘BBB’ (stable) on a €186 million bond to finance the re-acquisition of 25 senior care homes in Belgium was picked up by project finance specialist publication IJGLobal. The bond, issued by Luxembourg-based special-purpose vehicle MRE-Silverstone-I S.A., pays a fixed coupon of 3.6% with an eleven-year maturity. The …

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S&P’s December edition of Infrastructure Outlook looks to Paris for a future energy framework

As the United Nations Framework Convention on Climate Change (COP21) draws to a close in Paris this week, Michael Wilkins, Managing Director of Infrastructure Finance and Head of Environmental Research at Standard & Poor’s Ratings Services (S&P), explores the likely outcomes in this month’s Infrastructure Outlook. Wilkins suggests that COP21 success would be the realisation …

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Investors would do well to consider environmental factors, S&P’s Michael Wilkins tells the ICC

As world leaders meet in Paris, many are looking to their governments to drive the fight against climate change and contribute to the transition to a low-carbon global economy. To this end, directing future investment away from fossil fuel-based energy projects towards clean, green energy alternatives will be key, says Michael Wilkins, Managing Director of …

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S&P discusses the future of climate change ahead of COP21

As the world looks to the UN Climate Change Conference in Paris – COP21 – the future of a low-carbon global economy is high on the agenda. Governments will seek strategies to limit the rise of global temperatures – with a maximum of 2 degrees Celsius being the target. But making the jump to a …

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S&P’s first rating of an offshore wind farm covered by the specialist press

The energy market’s transition from fossil-fuel dependency to a cleaner, greener system has been gaining significant momentum over the past five years. In particular, offshore wind has gone from strength to strength. As such, Standard & Poor’s Ratings Services assigned their first ever preliminary credit rating of ‘BBB-’ to offshore wind project WindMW. Commonly known …

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Standard & Poor’s video featured by Global Banking & Finance Review

Low oil prices are having an impact across the Gulf, affecting corporates, infrastructure projects and banks. Following Moorgate outreach, Global Banking & Finance Review featured a Standard & Poor’s CreditMatters TV interview discussing the findings from their recent report “Some Gulf Corporates Could Feel The Heat On Low Oil Prices”: