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Published on 10/23/2008 in the Prospect News Bank Loan Daily, Prospect News Convertibles Daily and Prospect News High Yield Daily.

Fitch: Mirant, Dynegy outlook stable

Fitch Ratings said it affirmed Dynegy, Inc.'s issuer default rating of B and Mirant Corp.' issuer default rating of B+.

The outlook was revised to stable from positive.

Fitch said the revision reflects weakening in wholesale power prices and difficult capital market conditions that serve to temper each company's otherwise improving credit profile and favorable long-term fundamentals for the competitive generator sector.


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