Fitch: Wisconsin Electric debt A+

Fitch Ratings said it assigned an A+ rating to Wisconsin Electric Power Co.'s new $25 million 4.3% senior unsecured debentures due Dec. 15, 2045.

The new debentures will rank equally with Wisconsin Electric’s existing senior unsecured obligations.

Net proceeds will be used to repay short-term debt and long-term debt that matures on Dec. 1, 2015, and for working capital and other corporate purposes.

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