Fitch Ratings has affirmed and withdrawn the following ratings for Empire District Electric Co. (EDE):
--Long-term Issuer Default Rating (IDR) at 'BBB-';
--Senior secured debt at 'BBB+';
--Senior unsecured debt at 'BBB';
--Short-term IDR and CP at 'F3'.
The Rating Outlook is Stable.
Fitch has withdrawn EDE's ratings for commercial reasons. Fitch reserves the right in its sole discretion to withdraw or maintain any rating at any time for any reason it deems sufficient.
Additional information is available on www.fitchratings.com.
Applicable Criteria
Corporate Rating Methodology - Including Short-Term Ratings and Parent and Subsidiary Linkage (pub. 17 Aug 2015)
https://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=869362
Additional Disclosures
Dodd-Frank Rating Information Disclosure Form
https://www.fitchratings.com/creditdesk/press_releases/content/ridf_frame.cfm?pr_id=999501
Solicitation Status
https://www.fitchratings.com/gws/en/disclosure/solicitation?pr_id=999501
Endorsement Policy
https://www.fitchratings.com/jsp/creditdesk/PolicyRegulation.faces?context=2&detail=31
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View source version on businesswire.com: http://www.businesswire.com/news/home/20160212005908/en/
Contacts:
Primary Analyst
Philippe Beard
Director
+1-212-908-0242
Fitch
Ratings, Inc.
33 Whitehall Street
New York, NY 10004
or
Secondary
Analyst
Robert Hornick
Senior Director
+1-212-908-0523
or
Committee
Chairperson
Eric Rosenthal
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+1-212-908-0286
or
Media
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alyssa.castelli@fitchratings.com