Fitch lowers Ameren Genco

Fitch Ratings said it downgraded the issuer default rating and senior unsecured debt ratings of Ameren Energy Generating Co. to BB- from BB+ and withdrew the short-term issuer default rating of B.

The outlook remains negative.

Fitch said that it also affirmed the BBB issuer default rating of Ameren Corp., BBB+ issuer default rating of Union Electric Co. and the BBB- issuer default rating of Ameren Illinois Co.

The outlook for Ameren Illinois was revised to positive from stable, while the other two have stable outlooks.

The Ameren Genco downgrade reflects Fitch's expectation that cash flow and credit metrics will continue to weaken in 2012 and 2013.

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