West Penn Power Co.

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west penn power co. - All News and Analysis

• Fitch Upgrades Allegheny Energy & Supply's IDR to 'BBB-': Outlook Stable

  - 2007-12-28

  NEW YORK -- Fitch Ratings has upgraded the Issuer Default Ratings IDRs and outstanding debt ratings of Allegheny Energy, Inc. and subsidiaries as follows: Allegheny Energy, Inc. AYE --IDR to 'BBB-' from 'BB+'. Allegheny Energy Supply Company, LLC Supply --IDR to 'BBB-'...

• Fitch Rates West Penn Power Company's $275MM 5.95% FMBs 'BBB+'; Outlook Stable

  - 2007-12-07

  NEW YORK -- Fitch assigns a rating of 'BBB+' to West Penn Power Company's West Penn new $275 million issue of 5.95% first mortgage bonds. The bonds mature on December 15, 2017. The bonds are secured by a first mortgage lien on the company's property, plant and equipment and rank...

• Allegheny Energy Announces $275 Million First Mortgage Bond Issuance

  - 2007-12-07

  GREENSBURG, Pa. -- Allegheny Energy, Inc. (NYSE:AYE) announced today that its subsidiary, West Penn Power Company, will issue $275 million principal amount of first mortgage bonds with a coupon of 5.95 percent and a 10-year maturity. West Penn Power Company intends to use the net proceeds from the...

• Fitch Affirms Allegheny Energy and Subs; AE Supply Outlook to Positive

  - 2007-08-10

  NEW YORK -- Fitch Ratings has affirmed the ratings of Allegheny Energy, Inc. (AYE; Issuer Default Rating [IDR] rated 'BB+') and its subsidiaries. In addition, the Rating Outlook of AYE, Allegheny Energy Supply Company, LLC (Supply; IDR of 'BB') and Allegheny Generating Company (AGC; IDR of 'BB') are revised to...

• Fitch Rates West Penn Power's $145MM First Mortgage Bonds 'BBB+'

  - 2006-08-09

  NEW YORK -- Fitch assigns a 'BBB+' rating to the $145 million initial issuance of 5.875% first mortgage bonds of West Penn Power Company West Penn due Aug. 15, 2016. The bonds rank equally in right of payment with future unsubordinated indebtedness under West Penn's general mortgage indenture dated Aug....

• Allegheny Energy Announces $145 Million Bond Issuance

  - 2006-08-09

  GREENSBURG, Pa. -- Allegheny Energy, Inc. (NYSE:AYE) today announced that its subsidiary, West Penn Power Company, will issue $145 million principal amount of first mortgage bonds with a coupon of 5.875 percent and a 10-year maturity. West Penn Power Company intends to use the net proceeds from the...

• Fitch Upgrades Allegheny Energy & Allegheny Energy Supply's IDR To 'BB+'

  - 2006-06-23

  NEW YORK -- Fitch upgrades the Issuer Default Rating IDR and senior unsecured debt ratings of Allegheny Energy, Inc. AYE to 'BB+' from 'BB-'. The ratings of Allegheny Energy Supply Company, LLC, AE Supply and Allegheny Generating Company AGC (AYE's non-regulated subsidiaries) have also been upgraded by Fitch. The Rating...

• Fitch Ratings Upgrades Allegheny & Utility Subs; Placed On Rating Watch Evolving

  - 2003-06-17

  Business Editors NEW YORK--BUSINESS WIRE--June 17, 2003 Fitch Ratings has upgraded the senior unsecured ratings of Allegheny Energy Inc. AYE and its utility subsidiaries as follows: AYE to 'BB' from 'B+'; West Penn Power Company WPP to 'BBB-' from 'BB+', Potomac Edison Company PE to 'BBB-'...

• Fitch Ratings Lowers Allegheny Energy & Subs; Remains On Rating Watch Negative

  - 2003-01-09

  Business Editors NEW YORK--BUSINESS WIRE--Jan. 9, 2003 Fitch Ratings has lowered the ratings of Allegheny Energy, Inc. AYE and its subsidiaries, Allegheny Energy Supply Co. LLC AE Supply, Monongahela Power Company MP, Potomac Edison Company PE, West Penn Power Company WP, Allegheny Generating Company AGC and...

• Correct: Fitch Dwgr Allegheny Energy & Subsidiaries; Rtgs On Watch Neg

  - 2002-10-15

  Business Editors NEW YORK--BUSINESS WIRE--Oct. 15, 2002 (This is an amended version of a press release dated October 8, 2002. Correction: The rating for the Monongahela Power Company medium-term notes/Pollution control revenue bonds unsecured were incorrect. These bonds were lowered to 'BBB-' from 'BBB+'.) ...