by Megha Malhotra | Feb 8, 2022 | Investment Grade Bonds
France’s EDF cut its 2022 forecast for French nuclear output for the second time in less than a month to 295-315 terawatt-hours, from 300-330 terawatt-hours. This is expected to add pressure on European power supplies given the existing high energy costs and gas...
by Megha Malhotra | Jan 18, 2022 | Corporates, Financial News, Global, High Yield Bonds
French state-owned utility Electricité de France S.A. (EDF) has been downgraded to BBB+ from A- by Fitch. Further, its ratings have been placed on Rating Watch Negative by Fitch, review for downgrade by Moody’s (A3) and CreditWatch Negative by S&P (BBB+)....
by bondevalue | Apr 12, 2021 | Investment Grade Bonds
French state-owned utility company Electricite de France’s (EDF) restructuring talks with the European Commission are not stuck and are on track, according to CEO Jean-Bernard Levy. The French government that currently holds 83.7% of EDF, plans to place EDF’s nuclear...
