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Published on 8/17/2017 in the Prospect News High Yield Daily.

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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