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Fitch Rates Exelon Corp.'s Senior Notes 'BBB+'; Rating Watch Negative

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NEW YORK--(BUSINESS WIRE)--Fitch Ratings has assigned a 'BBB+' rating to Exelon Corp.'s (EXC) new issue of senior notes to be offered in multiple tranches. Proceeds will be used for to fund a portion of EXC's pending acquisition of Pepco Holdings, Inc. (PHI), with any remaining balance to be used for general corporate purposes. The notes will rank equally with all other senior unsecured debt and will be senior in right of payment to all subordinated debt. The new issues are placed on Rating Wat

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