Fitch affirms Mirant

Fitch Ratings affirmed Mirant Corp., Inc. and its subsidiaries' issuer default ratings at B+.

The outlook remains stable.

Ratings are based on the stability and predictability of cash flows, the agency said.

Concerns include exposure to commodity prices after the expiration of current hedges, weakening economy, lack of long-term sale commitments and high costs associated with access to capital markets, Fitch noted.

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