By Francois De Beaupuy
Areva SA debt may get downgraded after the maker of nuclear reactors announced a smaller-than- initially forecast capital increase, Chief Executive Officer Anne Lauvergeon said.
Any future capital increase would be the decision of the government, which controls about 91 percent of Areva, the CEO said.
“Our rating will be downgraded because the capital increase isn’t fully what was expected,” Lauvergeon said. “We have no liquidity problem for the coming years.” (…)