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FITCH UPGRADES RATING FOR TXU AUSTRALIA.
Publication: AsiaPulse News Publication Date: 30-JUL-04 |
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COPYRIGHT 2004 Asia Pulse Pty Ltd
SYDNEY, July 30 Asia Pulse - Fitch Ratings, the international rating agency, has today upgraded TXU Australia Holdings Ltd Partnership's and TXU Electricity Ltd's (together ("TXU Australia")) Senior Unsecured ratings to 'BBB plus' from 'BBB minus.
It has removed them from Rating Watch Positive (RWP). The rating Outlook is Stable. TXU Australia ratings were placed on RWP on 27 April 2004.
Fitch said the rating action follows today's completion of Singapore Power's ("SingPower") acquisition of...
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