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CILCO |
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He was a key CILCO executive on a team that completed the sale of CILCO and its immediate parent, CILCORP Inc. The senior unsecured debt ratings of CILCORP were raised to 'BBB+' from 'BBB-' and the senior secured, senior unsecured debt and preferred stock ratings of CILCO were raised to 'A','A-' and 'BBB+' from 'BBB','BBB-' and 'BB+', respectively. On a standalone basis the credit profiles of CILCORP and CILCO are consistent with entities in the 'BBB' and 'A' ratings categories, respectively. |
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