S&P Raises Big Rivers’ Credit Rating to BB+, Following Raises by Moody’s to Ba1 and Fitch to an Investment Grade Rating of BBB-

January 16, 2019

S&P Global Ratings raised its issuer credit rating on Big Rivers Electric Corp. (BREC), Ky. to 'BB+' from 'BB'. At the same time, S&P Global Ratings raised its rating on Ohio County, Ky.'s $83.3 million pollution control refunding revenue bonds, series 2010A (Big Rivers Electric Corp. Project), issued for BREC, to 'BB+' from 'BB'. The outlook is stable.

The raise in the credit rating is consistent with raises in 2018 by both Moody’s and Fitch.

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