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Prospect News home > News index > List of issuers M > Headlines for Midwest Generation LLC > News item
Published on 6/29/2012 in the Prospect News Bank Loan Daily, Prospect News Distressed Debt Daily and Prospect News High Yield Daily.

S&P lowers Edison Mission Energy, units

Standard & Poor's said it lowered its corporate credit rating on Edison Mission Energy and its subsidiaries Midwest Generation LLC and Edison Mission Marketing & Trading Inc., to CCC from CCC+ based on greater refinance risk in 2013 due to lower cash flow over the medium term and reduced liquidity and greater potential for corporate restructuring.

The outlook is negative.


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