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(CercleFinance.com) – S & amp; P said Wednesday it has assigned the preliminary rating ‘B +’ to NewCo, the new entity Areva intended to accommodate nuclear fuel assets.
This preliminary rating, together with a perspective evolutionary ‘, is tied with the rating of Areva, said the agency in a statement.
If S & amp; P believes that NewCo has an operational risk profile ‘stronger’ than the group because of its activities and its recurrent income, the agency considers that its initial capital structure n ‘ is not sustainable long term.
his perspective evolutionary ‘just indicates the possibility of a rise several notches in its note in case of an effective allocation of three to five billion euros . by Areva
Conversely, S & amp; P warned that it might lower its rating if the approval or implementation of Areva capital increase should be postponed .
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