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Fitch rates Public Service Co. of New Hampshire bonds A+
Fitch Ratings said it assigned an A+ rating to Public Service Co. of New Hampshire's $350 million issuance of series V first mortgage bonds due June 15, 2031.
The rating is the same as that of Public Service Co. of New Hampshire’s other first mortgage bonds.
Proceeds will be used to repay a portion of short-term debt, including short-term debt that was used to redeem all the company’s $160 million of series R first mortgage bonds, and for other general corporate purposes.
The outlook is stable.
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