MUMBAI (Thomson Financial) - Fitch Ratings assigned a 'BB/RR1' rating with stable outlook to AES Corp.'s $600 million issuance of senior unsecured notes maturing 2020.
Fitch's rating is based on its expectation that AES will use the proceeds to pay down higher-cost debt.
AES is one of the world's largest global power companies. TFN.newsdesk@thomson.com jro COPYRIGHT Copyright Thomson Financial News Limited 2008. All rights reserved. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
Fitch's rating is based on its expectation that AES will use the proceeds to pay down higher-cost debt.
AES is one of the world's largest global power companies. TFN.newsdesk@thomson.com jro COPYRIGHT Copyright Thomson Financial News Limited 2008. All rights reserved. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
© 2008 AFX News
