The rating agency Standard and Poor’s said on Tuesday it planned to degrade the long and short term rating of French nuclear group Areva, which lowered its cash flow projections for the period 2014-2016.
“In order deterioration in operating performance and negative forecasts for 2014-2015 on cash, we believe the potential to degrade a notch “Areva’s long-term rating (BBB) and short term (A-3), indicates the American agency in a statement.
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