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Fitch Rates Pacific Gas Electric's Senior Notes 'A-'; Outlook Stable

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NEW YORK--(BUSINESS WIRE)--Fitch Ratings has assigned an 'A-' rating to Pacific Gas and Electric Company's (PG&E's) issuance of senior unsecured notes. Proceeds from the offering will be used by PG&E for general corporate purposes including repayment of its commercial paper balance. The Rating Outlook is Stable. PG&E is a wholly-owned operating subsidiary of PG&E Corporation (PCG; Issuer Default Rating 'BBB+'; Rating Outlook Stable). KEY RATING DRIVERS --The effect of California

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