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TEXAS UTILITIES $500 MILLION IN 3 ISSUES RATED 'BBB' BY FITCH --FITCH FINANCIAL WIRE--

 TEXAS UTILITIES $500 MILLION IN 3 ISSUES RATED 'BBB' BY FITCH
 --FITCH FINANCIAL WIRE--
 NEW YORK, Aug 6 /PRNewswire/ -- Texas Utilities Electric Co.'s offering of $500 million first mortgage and collateral trust bonds, in three issues, as takedowns from an SEC rule 415 shelf registration, are rated 'BBB' by Fitch. The credit trend is stable.
 The issues are: $175 million 6 3/8 percent bonds, due Aug.1, 1997, $150 million 7 3/8 percent bonds, due Aug.1, 2001, and $175 million 8 1/2 percent bonds, due Aug.1, 2024.
 With the takedowns, TUEC has $300 million in shelf debt remaining.
 -0- 8/6/92
 /CONTACT; Anne Faber of Fitch Financial Wire at 212-908-0566/
 (TXU) CO: Texas Utilities Electric Co. ST: Texas IN: UTI SU: RTG


DC -- NY096 -- 7766 08/06/92 17:00 EDT
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Publication:PR Newswire
Date:Aug 6, 1992
Words:138
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