E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 7/12/2007 in the Prospect News Convertibles Daily.

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.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.