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Prospect News home > News index > List of issuers A > Headlines for AEP Texas Inc. > News item |
Fitch rates AEP Texas notes BBB+
Fitch Ratings said it assigned a BBB+ rating to AEP Texas Inc.'s offering of series M senior notes.
The agency affirmed AEP Texas’ ratings on Feb. 28.
The proceeds will be used for funding capital expenditures, repaying advances from affiliates and replenishing working capital.
The outlook is stable.
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