Corporate Credit Ratings

 

As of April 24, 2013 the major credit rating agencies rate the Companies’ securities as follows:


Great Plains Energy

        Moody's
Investors Service

Standard
and Poors

Outlook

Stable

Positive

Corporate Credit Rating

-

BBB

Preferred Stock

Ba2

BB+

Senior Unsecured Debt

Baa3

BBB-

KCP&L

Outlook

Stable

Positive

Senior Secured Debt

A3

A–

Senior Unsecured Debt

Baa2

BBB

Commercial Paper

P-2

A-2

GMO

Outlook

Stable

Positive

Senior Unsecured Debt (a)

Baa3

BBB

Commercial Paper

P-3

A-2

Debt Issued and Outstanding


(a) reflects Great Plains Energy guarantee

These ratings reflect the current views of these rating agencies and no assurances can be given that these ratings will continue for any given period of time. The Companies view maintenance of strong credit ratings as being extremely important; however, and to that end, an active and ongoing dialogue is maintained with the agencies with respect to the Companies' results of operations, financial position, and future prospects.