Fitch assigns Westar bonds A-

Fitch Ratings said it rates Westar Energy Inc.'s $180 million offering of 4.1% series due 2043 first mortgage bonds A-.

Proceeds will be used to retire debt and for working capital and general corporate purposes.

The outlook is stable.

Fitch said the key rating drivers include a generally balanced regulatory environment in Kansas; a conservative strategy focused on Kansas utility operations; and significantly lower post-2014 capex and improving credit metrics.

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