20.02.2014 09:23:00
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Origin Energy Limited -- Moody's: Origin's weakening financial profile for HY14 is credit negative
Sydney, February 20, 2014 -- Moody's Investors Service says today that Origin Energy's (Baa2 stable) reported results for the half-year ending December 2013 (HY14) are credit negative, in view of the weakened performance of the energy markets division, combined with further incremental debt to fund the development of APLNG project. As such credit metrics for HY14 are weaker than Moody's expectation.