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Prospect News home > News index > List of issuers I > Headlines for Ipalco Enterprise, Inc. > News item |
Fitch applies BB+/RR2 to Ipalco notes
Fitch Ratings said it assigned a BB+/RR2 rating to Ipalco Enterprise Inc.'s issuance of $405 million senior secured notes due 2024.
The outlook is stable.
Net proceeds will be used to redeem its $400 million 5% senior secured notes due 2018.
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