News: Edison International (EIX)

EIX on New York Consolidated

56.96USD
22 Jul 2014
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Tue, Apr 29 2014

Factbox: Largest U.S. electric companies by megawatts, customers

- Privately held Energy Future Holdings, the biggest power company in Texas, has filed for bankruptcy with more than $40 billion in debt to myriad classes of bondholders and lenders.

Fitch: EME's Bankruptcy Positive for Edison International

(The following statement was released by the rating agency) NEW YORK, March 18 (Fitch) Bankruptcy court approval of the plan of reorganization (POR) moves Edison International (EIX) closer to a final resolution of its exposure to Edison Mission Energy's (EME) insolvency and, in Fitch Ratings' opinion, represents a positive development for EIX's creditworthiness. On March 11, 2014, the U.S. Bankruptcy Court for the Northern District of Illinois, Eastern Division, approved EME's POR, position

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