Reuters UK, 22 Dec 2008
Dec 22 - Fitch Ratings has today downgraded and removed from Rating Watch Negative Singapore Power's (SP) Long-term foreign and local currency Issuer Default Ratings (IDRs) to 'A' from 'A+', its Short-term foreign currency IDR to 'F1' from 'F1+' and senior unsecured notes to 'A' from 'AA-' (AA minus).
At the same time, Fitch has downgraded and removed from Rating Watch Negative SP Power Assets' (SPPA) Long-Term IDRs to 'A' from 'A+', Short-term foreign currency IDR to 'F1' from 'F1+'. The Outlook for both SP and SPPA is Negative.
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Fitch affirms SP AusNet & removes from negative watch - Reuters UK, 22 Dec 08
