Fitch Cuts Dpl Debt Rate

Summary


Knocked to junk after company misses deadline

DAYTON - Fitch Ratings on Thursday joined the nation's two other major corporate credit rating agencies by downgrading DPL Inc.'s debt rating to junk status, citing concerns about the company missing a Tuesday deadline to file its annual report with the Securities and Exchange Commission.

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Fitch Cuts Dpl Debt Rate

Fitch lowered the rating of DPL to BB from BBB-. BB-rated corporate bonds are considered speculative for potential investors. Standard & P...

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