S&P affirms Ameren

Standard & Poor's said it affirmed its ratings, including the BBB- corporate credit ratings, on Ameren Corp., Ameren Illinois Co., and Ameren Missouri. The agency said it revised the outlook on Ameren and its regulated subsidiaries to stable from positive.

At the same time, S&P said it affirmed the BB- corporate credit and senior unsecured debt ratings on AmerenEnergy Generating Co. The 3 recovery rating on GenCo's senior unsecured debt is unchanged.

The agency said it also removed the ratings from CreditWatch, where they were placed with negative implications on March 5. The outlook is negative.

"We view Ameren Corp.'s decision to offer liquidity to GenCo in the form of a put option with AmerenEnergy Resource Generating Co. as solidifying GenCo's liquidity position," said S&P credit analyst Gabe Grosberg in a news release.

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