Fitch gives IEnova notes BBB

Fitch Ratings said it assigned a BBB rating to Infraestructura Energetica Nova, SAB de CV's (IEnova) proposed senior unsecured notes.

Fitch currently rates IEnova long-term foreign- and local-currency issuer default ratings at BBB/stable.

IEnova plans to sell between $500 million-$800 million. The company expects to use the proceeds to refinance its committed credit facility loans.

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