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Fitch Rates Northern States Power-Wisconsin's FMBs 'A+'

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NEW YORK--(BUSINESS WIRE)--Fitch Ratings rates Northern States Power Company-Wisconsin's (NSP-W) $100 million add-on issuance of 3.3% first mortgage bonds (FMBs) due June 15, 2024 'A+'. The FMBs rank pari passu with NSP-W's existing secured debt. The Rating Outlook is Stable. Net proceeds will be used for the repayment of short-term debt and other general corporate purposes. KEY RATING DRIVERS Supportive Regulatory Environment: NSP-W's ratings reflect the constructive regulatory framework in Wi

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