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Published on 4/12/2012 in the Prospect News Investment Grade Daily.

Fitch lifts NorthWestern view to positive

Fitch Ratings said it affirmed the BBB long-term issuer default rating of NorthWestern Corp., along with its short-term issuer default rating at F2, first mortgage bonds at A-, senior unsecured bonds at BBB+ and pollution control bonds at A-.

The agency also revised the outlook to positive from stable.

The ratings reflect the stability of cash flows from the company's regulated electric and gas businesses, Fitch said.

The positive outlook reflects the improved financial performance of the company, which Fitch said it expects to be sustained over the next couple of years.


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