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Published on 5/19/2006 in the Prospect News Bank Loan Daily and Prospect News High Yield Daily.

S&P rates Edison Mission Energy notes B+

Standard & Poor's said it assigned its B+ rating to Edison Mission Energy's (EME) proposed $1 billion senior notes, due 2013 and 2018.

S&P said it also affirmed its B+ corporate credit ratings on EME and its wholly owned subsidiary Edison Mission Marketing and Trading.

The outlook is positive.

S&P said that the ratings on EME and its direct owner, Mission Energy Holding Co., reflect the credit quality of the distributable cash flow from a portfolio of generating assets.


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