S&P decreased with 3 stages the rating of Tokyo Electric Power

S&P credit ratingThe international rating agency Standard and Poor’s lowered with three long-term credit rating of Japanese utility Tokyo Electric Power, which is the operator of damaged NPP Fukushima 1, Prime-Tass reported. The rating of the Tokyo Electric Power was reduced in grade “A +” via the power of “BBB +”. The main reason is that the company in January threatens danger in connection with huge claims for compensation for losses that have caused the accident at the NPP Fukushima-1. The total amount of monetary claims could reach 11 trillion. yen (133 billion dollars). Government of Japan even consider a partial nationalization of the energy company and accordingly to provide guarantees for its future liabilities. Shortly before the international rating agency Moody’s also said to lower the credit rating of Tokyo Electric Power – Grade “A1” to “Vaa1. Today also announced that starting tomorrow in the ocean disposal of radioactive elements in water by the breakdown Japanese NPP Fukushima-1.

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