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12.11.2015 18:08:00

Michigan Power Limited Partnership -- Moody's assigns Ba2 to Michigan Power Limited Partnership's senior secured facilities; outlook stable

Approximately $263 million of senior secured credit facilities affectedNew York, November 12, 2015 -- Moody's Investors Service has assigned a rating of Ba2 to Michigan Power Limited Partnership's ("Michigan Power" or the "project") proposed $216 million seven year senior secured term loan and an $47 million five year senior secured revolving credit facility, together the credit facilities. The rating outlook is stable. This is the first time that Moody's is rating Michigan Power.

Vollständigen Artikel bei Moodys lesen