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Moody's affirms Edison International
Moody's Investors Service said it affirmed the ratings of Edison International, including its Baa2 issuer rating and its Baa2 senior unsecured bank facility rating.
The outlook is stable.
The rating affirmation incorporates the impact on the company's overall credit quality following rating downgrades at two wholly owned subsidiaries, Edison Funding Co., whose senior unsecured debt rating was downgraded to Ba3 from Ba1 (stable outlook) and at Edison Mission Energy, whose corporate family rating was downgraded to B1 from Ba3 (stable outlook), the agency said.
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