Fitch affirms Kentucky Power

Fitch Ratings said it affirmed Kentucky Power Co.'s issuer default rating at BBB-, senior unsecured debt at BBB and short-term issuer default rating at F2.

The outlook is stable.

Ratings consider the company's stable utility operations, relatively constructive regulatory environment and affiliation with parent, American Electric Power Co. (BBB/stable), the agency said.

For the year ended Dec. 31, leverage was 3.8 times.

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