Fitch: Kleen Energy outlook negative

Fitch Ratings said it has affirmed at BB the ratings for Kleen Energy Systems, LLC’s $435 million term loan A due 2018, of which $244 million is outstanding, and $295 million term loan B due 2024, of which $268.4 million is outstanding.

The outlook is negative.

The negative outlook reflects the uncertain volatility of Kleen's cost structure and dependence on favorable operating performance to pay deferred target amortization, the agency said.

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