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Moody's reviews USEC
Moody's Investors Service said it placed USEC Inc.'s B3 corporate family and probability-of-default ratings under review for downgrade.
The company has a senior unsecured regular bond/debenture rated Caa1 (LGD4, 67%).
The review results from the Department of Energy advising USEC to withdraw its application for funding of its American Centrifuge project under the loan guarantee program, according to the agency.
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