Fitch gives Ohio Power notes A

Fitch Ratings said it assigned an A rating to Ohio Power Co.’s offering of $450 million series Q senior notes due in 2031.

“The notes are unsecured and rank equally with all of OPCo’ other unsecured and unsubordinated indebtedness,” Fitch said in a press release.

Proceeds will be used for general corporate purposes.

The agency rates the company A- with a stable outlook.

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