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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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