Fitch rates ConEd notes A-

Fitch Ratings said it assigned an A- rating to Consolidated Edison Co. of New York, Inc.'s new $550 million issue of senior unsecured debentures due June 15, 2046.

The outlook is stable.

The new debentures will rank equally with ConEd’s existing senior unsecured obligations.

Net proceeds will be used for general corporate purposes, including repayment of short-term debt bearing interest at variable rates.

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