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Southern Connecticut Gas Company: Update following downgrade to Baa1 w...

Our credit view of SCG reflects its low-risk utility distribution operations, but also the challenges of its regulatory environment and declining financial profile.

Connecticut Natural Gas Corporation: Update following downgrade to A3 ...

Our credit view of CNG reflects its low-risk utility operations, counterbalanced by challenging regulatory relationships and declining financial metrics.

Moody's Ratings downgrades Southern Connecticut Gas to Baa1 and Connec...

Moody's Ratings (Moody's) today downgraded the ratings of Southern Connecticut Gas Company (SCG), including its long-term Issuer rating to Baa1 from A3 and its first mortgage bond and senior secured ratings to A2 from A1. At the same time, we downgraded Connecticut Natural Gas Corporation's (CNG) se...

Connecticut Natural Gas Corporation: Update following outlook change t...

Our credit view of CNG reflects its challenged regulatory environment in Connecticut, the potential for declining financials and its low-risk T&D business profile.

Southern Connecticut Gas Company: Update following outlook change to n...

Our credit view of this issuer reflects its low risk gas distribution operations, against its small, concentrated operations.

Moody's Ratings changes the outlooks of Southern Connecticut Gas and C...

Moody's Ratings (Moody's) today changed the outlooks of Southern Connecticut Gas Company (SCG) and Connecticut Natural Gas Corporation (CNG) to negative from stable.  The rating action follows proposed rate decisions [1] issued by the Connecticut Public Utility Regulatory Authority (PURA) on 7 Octob...

Connecticut Natural Gas Corporation: Update to credit analysis

Our credit view of this issuer reflects its low risk gas distribution operations, against its small, concentrated operations.

Southern Connecticut Gas Company: Update to credit analysis

Our credit view of this issuer reflects its suite of cost recovery features, against recent Connecticut's political and regulatory environment.

Southern Connecticut Gas Company: Update to credit analysis

Our view of Southern Connecticut Gas reflects its monopoly gas distribution business and good cost recovery provisions, offset by political interference and small, concentrated operations.

Connecticut Natural Gas Corporation: Update to credit analysis

Our view of CNG reflects its low risk gas distribution operations, supportive regulation, strong financials, ring-fencing provisions and potential political scrutiny.

Southern Connecticut Gas Company: Update to credit analysis

Our credit view of this issuer reflects its low risk natural gas distribution operations, offset by its small, concentrated operations.

Connecticut Natural Gas Corporation: Update following upgrade to A2

Our credit view of CNG reflects its low risk gas distribution operations, supportive regulation, improving metrics and ring-fencing provisions, offset by small, concentrated operations.

Connecticut Natural Gas Corporation: Update to credit analysis

Our credit view of Connecticut Natural Gas, reflecting its low risk gas distribution operations and strong financial metrics against its small, concentrated operations.

Southern Connecticut Gas Company: Update to credit analysis

Our credit view of Southern Connecticut Gas, reflecting its low risk natural gas distribution operations, against its small, concentrated operations.

Connecticut Natural Gas Corporation: Update following outlook change t...

Our view of CNG's credit reflects the supportive regulatory provisions for cost recovery in Connecticut and improving financials due to higher equity and lower capex.

Southern Connecticut Gas Company: Update to credit analysis

Southern Connecticut Gas' credit quality reflects its low business risk profile, supportive regulatory environment, and cash flow to debt metrics expected to decline to around 17%.

Southern Connecticut Gas Company: Update to credit analysis

Southern Connecticut Gas' credit quality reflects its low business risk profile, improving regulatory environment, and strong credit metrics.

Connecticut Natural Gas Corporation: Update to credit analysis

Our credit view of Connecticut Natural Gas reflects the company's improving regulatory environment and strong financial ratios.

Please Change Name Lesley Ritter
  • Please Change Name Lesley Ritter

Southern Connecticut Gas Company: Update to credit analysis

INFRASTRUCTURE AND PROJECT FINANCE CREDIT OPINION 19 December 2017 Update RATINGS Southern Connecticut Gas Company Domicile Bridgeport, Connecticut, United States Long Term Rating A3 Type LT Issuer Rating - Dom Curr Outlook Stable Please see the  ratings section  at the end of this report for more information. The ratings and outlook shown reflect information as of the publication date.

Please Change Name Lesley Ritter
  • Please Change Name Lesley Ritter

Moody's upgrades Southern Connecticut Gas Company to A3, stable

Rating Action: Moody's upgrades Southern Connecticut Gas Company to A3, stable. Global Credit Research- 15 Dec 2017. Over $130 million of debt securities upgraded.

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