EUR 154.69 For Business Accounts Only

Moody's assigns Baa3 rating to SSE's hybrid notes; stable outlook

Rating Action: Moody's assigns Baa3 rating to SSE's hybrid notes; stable outlook. Global Credit Research- 29 Jun 2020. London, 29 June 2020-- Moody's Investors Service has today assigned a Baa3 long-term rating to the Junior Subordinate Capital Securities to be issued by SSE plc.

SSE is engaged in producing, generating, distributing and supplying electricity and gas, as well as other energy-related services, across the U.K. and Ireland. Co. has three principal business areas: Wholesale, which uses turbines to convert energy from gas, oil, coal, water and wind to generate electricity, trading in wholesale energy markets, and managing energy contracts; Networks, which transmits and distributes electricity and gas to homes and workplaces; and Retail, which supplies electricity and gas and related services to households and organizations.

Moody's Investors Service
Moody's Investors Service

Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:

  • 130 countries
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    76,000 structured finance obligations

Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.

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Other Reports on these Companies
Other Reports from Moody's Investors Service

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