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Published on 7/9/2008 in the Prospect News Investment Grade Daily.

Fitch affirms CenterPoint Energy

Fitch Ratings said it affirmed the BBB- issuer default rating of CenterPoint Energy, Inc. following completion of a periodic review.

The outlook is stable.

Ratings are supported by dividend payments from mostly regulated operations that are favorably located in relatively high growth areas as well as a strong liquidity position, the agency noted.

The primary credit concern is high consolidated balance sheet leverage, according to Fitch.


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