Fitch Affirms AES and U.S. Subs; Outlook for DPL and DP&L Remains Negative

NEW YORK–(BUSINESS WIRE)–Fitch Ratings has affirmed the ‘BB-‘ Long-Term Issuer Default Ratings (IDR) of the AES Corporation (AES), ‘BB+’ IDR of IPALCO Enterprises, Inc. (IPALCO) and ‘BBB-‘ IDR of Indianapolis Power & Light (IPL), all with a Stable Outlook. Fitch has also affirmed the ‘B+’ IDR of DPL, Inc. (DPL) and ‘BB+’ IDR of Dayton Power Light & Company (DP&L). Rating Outlooks for DPL and DP&L continue to be Negative. A complete list of rating actions is provided at the end