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Published on 5/17/2022 in the Prospect News Investment Grade Daily.

Fitch rates PECO Energy bonds A+

Fitch Ratings said it gave an A+ rating to PECO Energy Co.'s new issue of $350 million of first and refunding mortgage bonds due 2052.

Fitch affirmed the A+ senior secured rating on Jan. 14 and reviewed it on March 9.

The proceeds will be used for the repayment of $350 million FMBs due Sept. 15, and for general corporate purposes.

The outlook is stable.


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