Fitch rates Dominion Resources notes BBB+

Fitch Ratings said it assigned BBB+ ratings to Dominion Resources, Inc.'s new $250 million 5.6% notes due 2016 and $400 million floating-rate notes due 2008.

The outlook is stable.

Proceeds will be used for general corporate purposes, including the repayment of existing debt.

The agency said the notes rank equally with all of Dominion's other senior unsecured debt.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.