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Prospect News home > News index > List of issuers V > Headlines for Virginia Electric and Power Co. > News item |
Fitch rates Virginia Electric notes A
Fitch Ratings said it assigned an A rating to Virginia Electric and Power Co.'s offering of senior notes.
The rating is in line with the A ratings on the issuer’s other senior unsecured notes.
The proceeds will be used for general corporate purposes and to repay short-term debt, which included $375 million in commercial paper as of Dec. 15.
The outlook is stable.
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