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Moody's affirms RRI certs
Moody's Investors Service said it affirmed the Ba1 senior secured rating of the pass-thru certificates by RRI Energy Mid-Atlantic Power Holdings LLC, a wholly owned subsidiary of GenOn Energy, Inc. (B2/stable).
The outlook is stable.
The affirmation considers GenOn plans to modify its legal organization structure by year-end 2010, according to the agency.
The Ba1 rating reflects the B2 corporate family and probability-of-default ratings of GenOn, as well as REMA's position within GenOn's consolidated capital structure, the agency noted.
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