Fitch lowers Northampton

Fitch Ratings said it downgraded the rating on Northampton Generating Co. LP's series 1994A $153 million resource recovery revenue bonds due 2019 to D from C.

The bonds were issued by the Pennsylvania Economic Development Financing Authority in 1994 with the proceeds loaned to Northampton, Fitch said.

The D rating reflects that Northampton has filed for Chapter 11 bankruptcy, the agency said.

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