NEW YORK--(BUSINESS WIRE)--Fitch Ratings has assigned an 'AAA' rating to the following Tennessee Valley Authority's (TVA) bonds: --Approximately $1 billion global power bonds 2015 series A. The 2015 series A bonds are expected to price on September 21. Proceeds will be used to refinance outstanding TVA debt and provide funds for ongoing capital investments. The Rating Outlook is Stable. SECURITY: TVA's global power bonds are secured by net revenues of TVA's power system. KEY RATING DRIVERS: IMP
| < Prev | Next > |
|---|
