Moody's Assigns A2 to AEP Transmission senior notes, outlook stable
Approximately $700 million of senior notes rated. New York, November 16, 2016-- Moody's Investors Service today affirmed the A2 Issuer Rating for AEP Transmission Company, LLC's, American Electric Power Company's intermediate transmission holding company, and assigned an A2 rating to AEP Transco's proposed $700 million of senior notes. Proceeds will be used to repay approximately $300 million of debt outstanding and for general corporate purposes, including ongoing...
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