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Dayton Power & Light Company: Update to credit analysis

Our credit view of this issuer reflects its low business risk as a regulated T&D utility subject to PUCO and FERC purview, against its service territory economic challenges.

Dayton Power & Light Company: Update following downgrade to Baa3

The credit profile of DP&L reflects weak financial metrics, growing capex, high and increasing debt balance against a credit supportive regulatory environment.

Dayton Power & Light Company: Update following outlook change to negat...

Our credit view of DP&L reflects its low business risk as a regulated T&D utility, constrained by a highly levered parent with weak financial metrics and the lack of ring-fence provisions.

Dayton Power & Light Company: Update following outlook change to stabl...

Our credit view of DP&L reflects its low business risk profile as a regulated T&D utility subject to PUCO and FERC purview balanced offset by the group's highly levered capital structure.

Dayton Power & Light Company: Update to credit analysis

Our credit view of Dayton Power&Light reflects low business risk, DPL's significant financial leverage, absence of ring-fence clauses and uncertain outcomes of pending regulatory proceedings

Dayton Power & Light Company: Update following ratings confirmation wi...

DP&L’s credit reflects the low business risk of its T&D operations balanced against the DPL group’s highly levered capital structure and the adverse regulatory developments within the Ohio.

Dayton Power & Light Company: Dayton Power Light's distribution rate ...

The settlement agreement would allow the utility and its parent to improve their capital structure and insulate consolidated cash flows from declining load growth.

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