Moody's affirms Dynegy

Moody's Investors Service said it confirmed the ratings of Dynegy Power, LLC, including the B2 corporate family rating, Caa1 probability of default rating and the B2 (LGD-2, 29%) rating on the company's senior secured term loan.

The outlook is stable.

Moody's said the confirmation reflects, in large part, the progress that has occurred with respect to the Dynegy Holdings, LLC's bankruptcy case.

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