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Published on 5/28/2008 in the Prospect News Investment Grade Daily.

S&P: Westar unaffected

Standard & Poor's said the ratings and outlook on Westar Energy Inc. (BBB-/stable) are not affected following the company's recent rate filing with the Kansas Corporation Commission for a combined total rate increase of $177.6 million or about 15% for both its north and south regions.

If approved, the rate hike would help sustain investment-grade credit metrics during Westar's heavy capital expansion program, according to the agency. A final commission decision is expected in January 2009.


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