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Fitch gives AA- to JEA, Fla., electric system bonds
Fitch Ratings said it assigned an AA- rating to JEA, Fla.'s $80.3 million of fixed-rate electric system subordinated revenue bonds, series C 2008.
In addition, Fitch said it affirmed the AA- rating on JEA's outstanding senior and subordinate lien electric revenue bonds and outstanding St. Johns River Power Park bonds.
The outlook is stable.
Pricing of the series C 2008 bonds is expected the week of March 10.
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