Illinois Power on watch, positive

Standard & Poor's said it placed its B corporate credit rating on electric utility Illinois Power Co., a subsidiary of Dynegy Inc., on CreditWatch with positive implications following the announcement that Exelon Corp. has agreed to purchase Illinois Power. S&P also affirmed its corporate credit rating of Dynegy.

Ratings placed on CreditWatch with positive implications are Illinois Power Co.'s B senior secured debt and CCC preferred stock.

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