ATLANTA -Moody's Investors Service yesterday lowered to A2 from A1 almost $5 billion of debt associated with various prepay natural gas contracts after Merrill Lynch & Co., the guarantor of the deals, also was downgraded to A2.

The issuers of the debt include the Main Street Natural Gas Inc., the Public Authority for Colorado Energy, the Roseville Natural Gas Financing Authority, and the Texas Municipal Gas Acquisition & Supply Corp.

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