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ALLEGHENY POWER UNITS $23.4 MILLION PCRBs RATED BY FITCH -- FITCH FINANCIAL WIRE --

 NEW YORK, April 6 /PRNewswire/ -- The County Commission of Monongalia County (W.Va.)'s $7.05 million 1993 Series B pollution control revenue bonds to be issued on behalf of Monongahela Power Co. and $8.6 million 1993 Series B pollution control revenue Bonds to be issued on behalf of Potomac Edison Co. are rated "A+" by Fitch. The $7.75 million 1993 Series B pollution control revenue bonds to be issued on behalf of West Penn Power Co. are rated "A." Monongahela Power, Potomac Edison and West Penn are operating subsidiaries of the Allegheny Power System Inc.
 The bonds are secured by notes which represent a second lien on certain air pollution control facilities at the Fort Martin Power Station. Proceeds will be used to redeem like amounts of 1983 Series A pollution control revenue bonds issued by the County Commission. Unit 1 of the Fort Martin Power Station is owned by Monongahela Power 25 percent, Potomac Edison 25 percent, and Duquesne Light Co. 50 percent. Unit 2 of the Fort Martin Power Station is owned by Monongahela 20 percent, Potomac Edison 30 percent, and West Penn Power 50 percent.
 -0- 4/6/93
 /CONTACT: Josephine Zeppieri, CFA of Fitch, 212-908-0575/


CO: County Commission of Monongalia County ST: West Virginia IN: UTI SU: RTG

TS -- NY048 -- 3446 04/06/93 12:49 EDT
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Publication:PR Newswire
Date:Apr 6, 1993
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