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South Africa’s Eskom Spinoff Plan Raises Credit Profile Concerns | Collector
South Africa’s Eskom Spinoff Plan Raises Credit Profile Concerns
Bloomberg Markets

South Africa’s Eskom Spinoff Plan Raises Credit Profile Concerns

South Africa’s plan to split power utility Eskom Holdings SOC Ltd. into separate units could weaken the state-owned electricity utility’s risk profile because its transmission unit accounts for a major share of its earnings, according to a bondholder and a ratings agency.

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