Fitch: Westar Energy, unit up to positive

Fitch Ratings said it revised the outlook for Westar Energy and its wholly owned subsidiary Kansas Gas and Electric Co. to positive from stable.

Fitch also affirmed Westar Energy's and Kansas Gas and Electric's ratings, including Westar's senior secured debt at BBB-, senior unsecured debt at BB+ and preferred stock at BB- and Kansas Gas and Electric's senior secured rating at BBB-.

Fitch said the ratings and outlook revision to positive recognize Westar's improved financial and business risk profile as a result of the completion of management's debt reduction plan and the expectation that the utility's credit metrics will continue to strengthen in 2005 and beyond.

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