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Published on 11/26/2019 in the Prospect News Bank Loan Daily and Prospect News Investment Grade Daily.

S&P moves Alliant Energy view to stable

S&P said it changed the outlooks for Alliant Energy Corp. and its subsidiaries Interstate Power & Light Co. and Wisconsin Power & Light Co. to stable from negative.

“The outlook revisions reflect improving consolidated financial measures for AEC that we expect to continue resulting in modest cushion compared to our ratings downside trigger of 15% adjusted FFO to debt. Our base-case scenario for AEC includes adjusted FFO to debt of about 16%-18% through 2022,” said S&P in a press release.

S&P said it affirmed its ratings for Alliant and its subsidiaries.


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