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Article: Slovenske Elektrarne's Rating Placed on S&PWatch Negative
- Article from:
- PR Newswire
- Article date:
- September 11, 1998
CopyrightCOPYRIGHT 1998 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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LONDON, Sept. 11 /PRNewswire/ -- Standard & Poor's today placed its triple-'B'-minus issuer credit rating of Slovenske Elektrarne a.s. (SE) on CreditWatch with negative implications. This reflects concerns about SE's capacity to service debt in the near term given its currently tight liquidity position. This has been aggravated by difficulties in accessing external funds due to severe liquidity constraints in the Slovakian domestic capital market and turmoil on the international bond markets, and pressure on the currency. Wholly government owned, SE is one of the largest corporates in Slovakia and ...
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