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Prospect News home > News index > List of issuers F > Headlines for FirstLight Power Resources Inc. > News item
Published on 12/3/2008 in the Prospect News Investment Grade Daily.

Fitch ups FirstLight Power

Fitch Ratings said it upgraded the issuer default rating FirstLight Power Resources to B+ from B and affirmed FirstLight Hydro Generating Co.'s senior secured bonds affirmed at BBB-.

The outlook is stable.

The agency also upgraded FirstLight Power's first-lien credit facilities to BB/RR2 from BB-/RR2 and second-lien credit facilities to B/RR5 from B-/RR5.

Fitch said the upgrade reflects the improved credit metrics.


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