BNET Industries
TXU US Holdings Co. is in the Energy Industry
Latest News and Analysis
Fitch Rates TXU Subsidiaries' New $1B Notes; Remain on Negative Watch
NEW YORK -- Fitch rates the TXU Energy Co's (Energy; Issuer Default Rating [IDR] 'BBB-' by Fitch) $1 billion floating-rate notes due 2008 'BBB-' and TXU Electric Delivery Co's (Delivery; IDR 'BBB-' by Fitch) $800 million notes due 2008 'BBB' collectively the notes. The notes issues are...
Fitch Expects TXU and Subsidiaries To Be Downgraded to 'B' After LBO
NEW YORK -- Today, TXU Corp (TXU, IDR 'BB+') disclosed in its 2006 10-K filing that the acquirers have obtained commitments from financial institutions for $24.6 billion of debt financing to fund the leveraged buy-out LBO transaction and that a substantial amount of this debt would be...
Correction - Fitch Downgrades TXU and Affiliates & Places All Ratings on Rating Watch Negative
NEW YORK -- (This is a correction for the earlier release. The fifth paragraph has been edited.) Fitch has downgraded the ratings of TXU Corp (TXU; Issuer Default Rating IDR 'BBB-') and its subsidiaries and simultaneously places all entities on Rating Watch Negative following today's...
Fitch Downgrades TXU and Affiliates & Places All Ratings on Rating Watch Negative
NEW YORK -- Fitch has downgraded the ratings of TXU Corp (TXU; Issuer Default Rating IDR 'BBB-') and its subsidiaries and simultaneously places all entities on Rating Watch Negative following today's announcement that a Kohlberg, Kravis and Roberts KKR and Texas Pacific Group-led consortium have signed an...
Fitch Affirms TXU Corp. at 'BBB-'; Outlook to Stable
NEW YORK -- Fitch Ratings affirms the ratings of TXU Corp TXU, TXU US Holdings Co. Holdings, and TXU Energy Co., LLC Energy and revises the Rating Outlook for each of these companies to Stable from Negative. The outstanding ratings of TXU Electric Delivery Co. Delivery are affirmed and its...
Fitch: TXU Investment Plans Not to Immediately Effect Ratings or Outlook
NEW YORK -- TXU Corp. (IDR 'BBB-') announced today that it had reached key milestones in its plans to invest $10 billion in roughly 8,600 MWs of new coal-fired generation capacity in Texas through a new wholesale generating subsidiary, TXU Generation Development Company TXU DEV. TXU has...
Fitch Affirms TXU Corp. at 'BBB-'; Outlook Revised to Negative
NEW YORK -- Fitch Ratings affirms the ratings of TXU Corp TXU, TXU US Holdings Co. Holdings and TXU Energy Co., LLC Energy and changes the Rating Outlook for each of these companies to Negative from Stable. The outstanding ratings of TXU Electric Delivery Co. Delivery are affirmed and its...
Fitch Affirms TXU & Subsidiaries; Raises TXU Energy's S-T to 'F2'
Business Editors NEW YORK--BUSINESS WIRE--Jan. 15, 2004 After reviewing the credit ratings of all of the companies within the TXU group, Fitch Ratings has raised the short-term rating for TXU Energy LLC to 'F2' from 'F3' and affirmed the other ratings of TXU...
Fitch Ratings Downgrades TXU Corp & Subsidiaries; Rating Outlook Changed To Stable
Business Editors NEW YORK--BUSINESS WIRE--Dec. 12, 2002 Fitch Ratings downgrades TXU Corp.'s TXU senior notes to 'BBB-', preference stock 'BB+', and commercial paper to 'F3' from 'BBB', 'BBB-', and 'F2', respectively. Also downgraded were the outstanding ratings on TXU US Holdings US Holdings,...
Fitch Ratings Affirms TXU Corp & Texas Subsidiaries
Business Editors NEW YORK--BUSINESS WIRE--Oct. 10, 2002 Fitch Ratings affirms the 'BBB' rating on TXU Corp.'s TXU senior notes, the 'BBB-' rating on the preference stock and the 'F2' commercial paper rating. In addition, Fitch affirms the outstanding ratings and Stable Rating Outlook...
TXU Energy's $2.4B CP & Oncor's $1B CP Rated 'F2' By Fitch Ratings
Business Editors NEW YORK--BUSINESS WIRE--May 10, 2002 Fitch Ratings assigns 'F2' ratings to the commercial paper programs of TXU Energy Co. LLC (TXU Energy, senior unsecured rating of 'BBB+' by Fitch) and Oncor Electric Delivery Co. (Oncor, senior secured rating of 'A-'). The...
Fitch Rts TXU US Hldgs `BBB+'; TXU Deliv `A-`; TXU Enrgy `BBB+'
Business Editors NEW YORK--BUSINESS WIRE--Jan. 7, 2002 Fitch establishes the following ratings for successors to TXU Electric Co: TXU U.S Holdings Co. formerly TXU Electric $20 million of senior unsecured debt affirmed at `BBB+' and $136 million of preferred stock upgraded to `BBB+';...
Fitch: TXU Corp's Rtg Outlook Changed To Stable From Neg
Business Editors NEW YORK--BUSINESS WIRE--Dec. 18, 2001 Fitch changed TXU Corp.'s TXU Rating Outlook to Stable from Negative. Ratings affected by the change in Rating Outlook are senior notes rated 'BBB', preference stock rated 'BBB-', and commercial paper at 'F2'. In addition, Fitch...
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- Incorporated: 1982
- Employees: 7,605
TXU US Holdings is a holding company for TXU Energy Company LLC (TXU Energy) and Oncor Electric Delivery Company (Oncor). Co. is a wholly-owned subsidiary of TXU Corp., a Texas corporation. Co. has two reportable operating segments energy and electric delivery. Energy operations involve electricity generation, wholesale trading of energy (electricity and natural gas), risk management and retail energy sales and services in the U.S. and parts of Canada. Electric delivery operations involve the transmission and distribution of electricity in Texas.
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TXU US Holdings Co. Company Info
Board of Directors
C. John Wilder
Chmn.
H. Dan Farell
Michael J. McNally
Eric H. Peterson
Contact Information
Energy Plaza
1601 Bryan Street
Dallas, TX
214 812-4600
NAICS Code
Electric Bulk Power Transmission and Control: 221121
