S&P lifts Great River Energy, Minn., outlook to positive

Standard & Poor's said it revised the outlook to positive from stable on Great River Energy, Minn.'s $1.3 billion of first-mortgage bonds and affirmed the BBB+ underlying rating on the debt.

At the same time, S&P said it assigned a BBB+ standard long-term rating and positive outlook to Great River's proposed $350 million of first-mortgage bonds, series 2008A.

S&P also said it assigned an issuer credit rating of BBB+ with positive outlook to Great River.

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