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Prospect News home > News index > List of issuers A > Headlines for Arizona Public Service Co. > News item |
Fitch gives A to Arizona Power notes
Fitch Ratings said it assigned an A rating to Arizona Public Service Co.’s issuance of $300 million of senior unsecured notes due Sept. 15, 2027.
The senior unsecured notes rank pari passu with existing senior unsecured debt.
Proceeds will be used for general corporate purposes including paying down short-term borrowings and funding planned capex.
The outlook is stable.
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