21.12.2012 21:26:00

New York City Industrial Development Agcy, NY -- Moody's has downgraded the senior secured debt rating of Brooklyn Navy Yard to B3 from B1; the outlook continues to be negative

New York, December 21, 2012 -- Moody's Investors Service has downgraded the senior secured debt rating of Brooklyn Navy Yard Cogeneration Partners L.P. (BNY Cogen) to B3 from B1. The outlook continues to be negative.

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