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Prospect News home > News index > List of issuers A > Headlines for Arizona Public Service Co. > News item |
Fitch assigns Arizona Public notes A
Fitch Ratings said it assigned an A rating to Arizona Public Service Co.'s issuance of $600 million of 30-year senior unsecured notes due May 15, 2050.
Proceeds will be used to pay down debt, including short-term borrowings and a $200 million term loan maturing in August and to fund planned capital expenditures.
The outlook is negative.
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