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TEXT-S&P may raise NRG Energy Inc corporate credit rating
Overview -- U.S. independent power producer NRG Energy Inc. and GenOn Energy Inc. announced that they have signed a definitive agreement to combine the two companies in a $5.8 billion stock-for-stock tax-free transaction. -- We placed the 'BB-' corporate credit rating on NRG on CreditWatch with negative implications. -- The CreditWatch listing indicates that we could either lower or affirm the ratings. Rating Action On July 23, 2012, Standard & Poor's Ratings Services placed ...
Published By: Reuters (Company news) - Monday, 23 July, 2012
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