Fitch Rates Piedmont Muni Power Agency, SC Elec Revs 'A-'; Outlook Stable

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NEW YORK--(BUSINESS WIRE)--Fitch Ratings has assigned an 'A-' rating to Piedmont Municipal Power Agency (PMPA or the agency), SC's $54.69 million electric revenue bonds series 2015 A. Proceeds will be used to fund PMPA's share on on-going capital projects and additions related to its share of the Catawba nuclear project, fund reserve requirements and pay the costs of issuance. The bonds are expected to price the week of Aug. 17th. In addition, Fitch affirms the following ratings for the outstan

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