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NorthWestern Corporation -- Moody's assigns Baa2 rating to NorthWestern Corp's senior unsecured bank facility

Moody's Investors Service ("Moody's") today assigned a Baa2 rating to NorthWestern Corporation's (NorthWestern) $400 million senior unsecured credit facility. NorthWestern's $400 million senior unsecured credit facility expires in December 2021 and is used to support general corporate purposes, including negative free cash flow balances and as a backstop to commercial paper issuances. NorthWestern's Baa2 rating is supported by the regulated nature of its vertically integrated utility operations in Montana, South Dakota and Nebraska, very stable cash flow production and a well-balanced energy supply mix.