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Prospect News home > News index > List of issuers S > Headlines for SCE Trust VII > News item |
Fitch rates SCE trust securities BBB-
Fitch Ratings said it assigned a BBB- instrument rating to Southern California Edison Co.'s SCE Trust VII trust preference securities.
The securities effectively rank equally with Southern California Edison Co.'s other preference securities and junior to SCE's preferred stock and its secured and unsecured debt.
Southern California Edison will use the proceeds for general corporate purposes.
The outlook is stable.
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