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HOME :: RESEARCH :: CREDIT :: NEWS:: MAR 2008

Standard & Poor's Ratings Services Upgrades NorthWestern's Credit Ratings

NorthWestern Corporation d/b/a NorthWestern Energy (Nasdaq: NWEC) today announced that Standard & Poor's Ratings Services ("S&P") upgraded NorthWestern's long-term corporate credit rating, senior secured ratings and senior unsecured rating as follows:

                                                   From           To
    Senior Secured Rating -- Montana               BBB            A-
    Senior Secured Rating -- South Dakota          BBB            BBB+
    Senior Unsecured Rating                        BB-            BBB-
    Corporate Rating                               BB+            BBB
    Outlook                                        Positive       Stable

S&P cited a steady improvement in the financial profile of the Company as well as a paring of nonregulated operations. S&P also noted that the Company has shown a commitment to focus on regulated utility operations, including managing regulatory risk and resolving pending litigation.

read entire article on Sun Herald

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