Moody's affirms Elwood's Ba3 senior secured rating; Outlook remains positive
Approximately $150 million of securities affected. New York, November 21, 2016-- Moody's Investors Service affirmed Elwood Energy LLC's Ba3 rating on its senior secured bonds due 2026. The rating outlook is positive. The affirmation of Elwood's Ba3 rating takes into consideration the closing of the sale of Dynegy Inc's 50% ownership in Elwood to J-POWER USA Generation, L.P. a 50/ 50 joint venture between John Hancock Life Insurance Company and J-POWER USA Investment Co., Ltd. The...
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