Moody's Upgrades NorthWestern Corporation's Senior Secured Credit Ratings
2009年8月5日 - 7:19AM
PRニュース・ワイアー (英語)
SIOUX FALLS, S.D., Aug. 4 /PRNewswire-FirstCall/ -- NorthWestern
Corporation d/b/a NorthWestern Energy (NYSE:NWE) today announced
that Moody's Investors Service has upgraded NorthWestern's senior
secured debt ratings from Baa1 to A3. Moody's cited as a reason for
its upgrade an analysis that indicates regulated utilities have
defaulted at a lower rate and experienced lower loss given default
rates than non-financial, non-utility corporate issuers.
Accordingly, Moody's has upgraded the majority of senior secured
debt ratings of investment-grade regulated utilities by one notch.
NorthWestern is rated investment grade on all senior secured and
unsecured debt with Moody's, Standard and Poor's Ratings Services,
and Fitch Ratings. About NorthWestern Energy NorthWestern Energy is
one of the largest providers of electricity and natural gas in the
Upper Midwest and Northwest, serving approximately 656,000
customers in Montana, South Dakota and Nebraska. For more
information about NorthWestern Energy, visit our Web site at
http://www.northwesternenergy.com/. DATASOURCE: NorthWestern
Corporation CONTACT: Media, Claudia Rapkoch, 1-866-622-8081, , or
Investors, Dan Rausch, +1-605-978-2902, , both of NorthWestern
Corporation Web Site: http://www.northwesternenergy.com/
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