SP assigns BBB- to Power Grid#39;s medium-term notes programme
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"The rating on Power Grid reflects the company#39;s supportive regulatory framework, near monopoly in interstate transmission, and stable margins and cash flows. Power Grid#39;s large capital spending plans and exposure to the weak credit profiles of state elSP assigns BBB- to Power Grid#39;s medium-term notes programme
"The rating on Power Grid reflects the company#39;s supportive regulatory framework, near monopoly in interstate transmission, and stable margins and cash flows. Power Grid#39;s large capital spending plans and exposure to the weak credit profiles of state electricity boards offset these strengths," it said. Read more