Fitch rates Ohio Power notes A

Fitch Ratings said it assigned an A rating to Ohio Power Co.'s offering of $600 million of series R senior notes due in 2051.

The rating is consistent with Fitch’s ratings on Ohio Power’s other senior unsecured notes.

The proceeds will be used for the repayment of $500 million of 5.375% senior notes due Oct. 1, and for general corporate purposes.

The outlook is negative.

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