NEW YORK--(BUSINESS WIRE)--Fitch Ratings has assigned an 'A+' rating to Duke Energy Progress, LLC's (DEP) new dual-tranche offering of 10-year and 30-year first mortgage bonds. The Rating Outlook is Stable. A portion of the proceeds will be used to repay short-term money pool borrowings including amounts used to fund a portion of the $1.2 billion purchase on July 31, 2015 of North Carolina Electric Municipal Power Agency's (NCEMPA) ownership interest in certain generating assets jointly owned w
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