Catch up on stories from the past week (and beyond) at the Slashdot story archive


Forgot your password?
Slashdot Deals: Deal of the Day - Pay What You Want for the Learn to Code Bundle, includes AngularJS, Python, HTML5, Ruby, and more. ×

Submission + - S&P cuts TEPCO rating by 5 notches to junk sta (

mdsolar writes: "

Standard & Poor's downgraded its long-term credit rating for Tokyo Electric Power Co. by five notches to junk status Monday, saying it remains uncertain whether the operator of the troubled Fukushima Daiichi nuclear power plant would be smoothly bailed out by the Japanese government.

The downgrading of the utility's long-term debt rating to B-plus from BBB came as the company, known as TEPCO, is struggling to come up with funds to cover compensation payments over the crisis at the nuclear plant in Fukushima Prefecture, which has been crippled since the devastating March 11 earthquake and tsunami.

This is happening as Japan's own credit outlook is cut by Fitch.

Which other countries could risk default just by having a nuclear accident?"

This discussion was created for logged-in users only, but now has been archived. No new comments can be posted.

S&P cuts TEPCO rating by 5 notches to junk sta

Comments Filter:

Neckties strangle clear thinking. -- Lin Yutang