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DUKE POWER $100 MILLION FIRST MORTGAGE BONDS RATED 'AA' BY FITCH -- FITCH FINANCIAL WIRE --

 NEW YORK, April 27 /PRNewswire/ -- Duke Power Co.'s new $100 million 6.25 percent first mortgage bonds due 2004 are rated `AA' by Fitch. The credit trend is stable.
 The ratings reflect a well managed capital structure, constructive regulatory environment, solid generating diversity (61 percent nuclear, 37 percent coal, and 2 percent hydro and other), and exceptional nuclear operations, as well as growing but manageable construction requirements.
 -0- 4/27/93
 /CONTACT: Robert Hornick of Fitch, 212-908-0564/
 (DUK)


CO: Duke Power Co. ST: North Carolina IN: UTI SU: RTG

WB -- NY077 -- 1367 04/27/93 12:20 EDT
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Publication:PR Newswire
Date:Apr 27, 1993
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