Source - SMW
Fitch Ratings has affirmed E.ON's long-term issuer default rating at 'BBB+' with a stable outlook and short-term IDR at 'F2'. 

Fitch has also placed E.ON's senior unsecured 'BBB+' rating on rating watch positive. 

Fitch says the affirmation reflects its expectations of E.ON's more focused business profile - post the company's de-merger of subsidiary Uniper - which will be characterised by a majority of earnings being driven by regulated networks and also a large proportion of quasi-regulated earnings from renewables and heat. 

Fitch has also factored in E.ON management's commitment to maintain a strong balance sheet backed by tangible actions such as the announcement of a potential equity issue following the German government's decision to transfer long-term nuclear provisions into a state fund.