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Mirma |
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Mirma (mûr`mə), in the Bible, chief Benjamite. |
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| The ratings of MIR and the debt of its subsidiaries MAG, MNA, and MIRMA assume a revised corporate and debt structure that is expected to be in place upon emergence from bankruptcy. Although MIRMA joined in the bankruptcy petition, the MIRMA lease pass-through certificates benefit from structural features such as a strong collateral package relative to the amount of secured debt and a six month debt service reserve. MAGI) and Mirant Mid-Atlantic, LLC (MIRMA) were also lowered as follows: MAGI senior notes and senior bank credit facility to 'B-' from 'B+'; and MIRMA pass-through certificates series A, B, and C to 'B' from 'BB'. |
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