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Fitch Rates NorthWestern Corp.'s $250MM First Mortgage Bonds 'BBB+'; Outlook Stable.

Publication: Business Wire
Publication Date: 24-MAR-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
NEW YORK -- Fitch Ratings has assigned a 'BBB+' rating to NorthWestern Corporation's (NWE; IDR rated 'BBB-' by Fitch) $250 million first mortgage bond issue due April 1, 2019. The proceeds of the issuance will be used to repay the outstanding balance under the Colstrip Lease Holdings, LLC credit...

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