Fitch rates Con Ed debentures A-

Fitch Ratings said it assigned an A- rating to Consolidated Edison Co. of New York, Inc.'s (Cecony) issuance of $700 million of 6.15% debentures, series 2022 A due 2052.

The agency affirmed Cecony’s A- senior unsecured rating on March 21.

The proceeds will be used for general corporate purposes, including repayment of short-term debt.

The outlook is stable.

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