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Published on 3/26/2009 in the Prospect News Emerging Markets Daily.

S&P lowers Lietuvos Energija

Standard & Poor's it downgraded Lietuvos Energija's long-term corporate credit rating to BBB from BBB+ and short-term corporate credit rating to A-2 from A-3, reflecting the downgrade of the Republic of Lithuania to BBB/negative/A-3 from BBB+/Watch negative/A-2.

S&P said ratings have been withdrawn at the company's request.


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