|
TEXT-Fitch cuts OGE Energy's IDR to 'A-'
Posted on June 20, 2012 at 12:17 PM EDT
June 20 - Fitch Ratings has downgraded the Long-term Issuer Default Rating (IDR) of OGE Energy Corp. (OGE) to 'A-' from 'A' and the Short-term IDR and Commercial Paper rating to 'F2' from 'F1'. Simultaneously, Fitch has affirmed Oklahoma Gas & Electric Company (OG&E) at 'A' and Enogex LLC (Enogex) at 'BBB'. The Rating Outlook for all entities is Stable. Approximately $2.7 billion of debt is affected by these actions. A full list of rating actions follows this release. KEY RATING RATIONALE:
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes. Markets are closed on certain holidays. Stock Market Holiday List By accessing this page, you agree to the following Privacy Policy and Terms and Conditions. Press Release Service provided by PRConnect. Stock quotes supplied by Telekurs USA Postage Rates Bots go here |
| ||||||
