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Published on 12/9/2014 in the Prospect News Investment Grade Daily.

Fitch assigns A+ to Oklahoma Gas notes

Fitch Ratings said it assigned an A+ rating to Oklahoma Gas & Electric Co.’s proposed $250 million issue of senior notes due Dec. 15, 2044.

The outlook is stable.

Fitch said the ratings and outlook take into consideration the substantial environmental compliance requirements associated with its coal fired generation fleet. In 2013, Oklahoma Gas produced 53% of energy from coal-fired generating plants.


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