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Prospect News home > News index > List of issuers V > Headlines for Virginia Electric & Power Co. > News item |
Fitch rates Virginia Electric notes BBB+
Fitch Ratings said it assigned a BBB+ rating to the $600 million 5.95% notes due 2017 issued by Virginia Electric and Power Co.
The outlook is stable.
Proceeds of the notes will be used for general corporate purposes, including the repayment of a portion of outstanding commercial paper and inter-company borrowings.
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