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Fitch rates Eversource notes BBB+
Fitch Ratings said it assigned a BBB+ rating to Eversource Energy's $650 million issuance of senior unsecured notes. Eversource's debt issuance comprises two tranches: the $350 million of floating-rate series T notes due Aug. 15, 2023, and the $300 million series U notes due Aug. 15, 2026.
Eversource's long-term issuer default rating is BBB+ with a stable outlook.
The proceeds will be used to pay down short-term debt.
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