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Tucson Electric Power plans to sell notes due 2023
By Andrea Heisinger
New York, Sept. 11 - Tucson Electric Power Co. is pricing notes due 2023 on Tuesday, according to a filing with the Securities and Exchange Commission.
Proceeds from the sale of the notes (Baa3/BBB-/) will be used to repay amounts outstanding under a revolving credit facility. Any remainder will be used for general corporate purposes.
The utility is based in Tucson, Ariz.
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