Fitch Rates ULHP's New Issue 'BBB+'.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Fitch Ratings assigns a 'BBB+' rating to Union Light Heat and Power Company's (ULHP ULHP Union of Lithuanian Health Psychologists ULHP Union, Light, Heat & Power Company (Cinergy Corporation) ) $50 million issue of 5.75% debentures due 2016 and its $65 million issue of 6.20% debentures due 2036. The debentures are pari passu with the senior unsecured debt of ULHP. The Rating Outlook is Stable. ULHP is a wholly owned direct subsidiary of Cincinnati Gas & Electric Company and indirect subsidiary of Cinergy Corp. ULHP provides electric and gas service in Northern Kentucky. Fitch's rating definitions and the terms of use Terms of Use are rules set up by the owner of an intellectual property or service to govern how they may be legally used. In many cases, terms of service are used as a contractual agreement between a company and users of a service they provide. of such ratings are available on the agency's public site, www.fitchratings.com. Published ratings, criteria and methodologies are available from this site, at all times. Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall, compliance and other relevant policies and procedures Policies and Procedures are a set of documents that describe an organization's policies for operation and the procedures necessary to fulfill the policies. They are often initiated because of some external requirement, such as environmental compliance or other governmental are also available from the 'Code of Conduct' section of this site. |
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