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S&P affirms Fort Chicago
Standard & Poor's said it affirmed its BBB long-term corporate credit rating on Fort Chicago Energy
Partners LP.
At the same time, the agency said it removed the ratings from CreditWatch with negative implications, where they were placed June 21.
The outlook is stable.
The rating action follows a review of Fort Chicago's proposed acquisition of Countryside Power Income Fund, S&P said, noting that the acquisition will have a neutral effect on Fort Chicago's business risk profile.
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