Moody's could up International Power

Moody's Investors Service said it placed the Baa3 senior unsecured issuer and debt ratings of International Power plc on review for upgrade, including the rating on the company's €250 million worth of senior unsecured bonds due in 2017.

Moody's said its decision was triggered by GDF SUEZ's March 29 announcement that it made an indicative proposal to acquire for cash the remaining 30% free float of International Power at 390p per share.

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