Moody's downgrades FirstEnergy Solutions CFR to Caa1 from Ba2; Allegheny Energy Supply downgraded to B1 from Ba1; rating outlooks remain negative
About $4.5 billion in debt affected. New York, November 04, 2016-- Moody's today downgraded FirstEnergy Solutions Corp's corporate family rating to Caa1 from Ba2 and the probability of default rating to Caa1-PD from Ba2-PD. FES' rating outlook remains negative.
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