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Prospect News home > News index > List of issuers M > Headlines for Midwest Generation LLC > News item |
Fitch cuts Edison Mission
Fitch Ratings said it has downgraded Edison Mission Energy and Midwest Generation LLC's long-term issuer default ratings to D from C.
The rating action reflects the Dec. 17 filing by Edison Mission and 16 of its subsidiaries for protection under Chapter 11 of the United States Bankruptcy Code.
Fitch said it has also affirmed Edison Mission's senior unsecured debt and recovery ratings at C and RR5, respectively.
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