| RATING GAME (Feb 14-20) | ||
| Moody's Investors Service | ||
| Downgrades | From | To |
| Eagle Food Centers Sr. Unscd. | B3 | Caa3 |
| Electronic Data Systems Corp. | A3 | Baa2 |
| BGF Industries Sr. Sub. | Caa3 | Ca |
| Companhia Paranaense de Energia Sr. Unscd. | Ba1 | Ba3 |
| Cordova Funding Corp. Backed Sr. Scd. | Ba1 | B1 |
| Nash Finch Co. Sr. Sub. | B2 | Caa1 |
| AAR COPR Sr. Unscd. | Baa3 | B1 |
| Cameco Corp. Sr. Unscd. | A3 | Baa1 |
| Companhia Paranaense de Energia Sr. Unscd. | Ba1 | Ba3 |
| Semiconductor Components Industries Backed Sr. Scd. | B3 | Caa1 |
| Semiconductor Components Industries Backed Sr. Sub. | Caa1 | Caa2 |
| Upgrades | ||
| Advance Auto Parts Sr. Unscd. | Caa1 | B3 |
| Advance Stores Co. Inc. Sr. Sub. | B3 | B2 |
| Pan Pacific Retail Properties Sr. Unscd. | Baa3 | Baa2 |
| Western Properties Trust Sr. Unscd. | Baa3 | Baa2 |
| Fitch Ratings | ||
| Downgrades | ||
| MBNA Corp. Sr. Debt | A- | BBB+ |
| MBNA America Bank Sr. Debt | A- | BBB+ |
| MBNA Europe Bank Ltd. | A- | BBB+ |
| MBNA Canada Bank Sr. Debt | A- | BBB+ |
| Progress Energy Carolinas Sr. Unscd. | A | BBB+ |
| Progress Energy Florida Sr. Unscd. | A+ | BBB+ |
| Upgrades | ||
| AGL Resources Inc. Sr. Unscd. | BBB+ | A- |
| AGL Capital Corp. | BBB+ | A- |
| PSNH Sr. Unscd. | BBB- | BBB |
Rating Game (FEBRUARY 12 -- FEBRUARY 19)