Fitch Updates Comparative Analysis Tool for U.S. Public Power Sector

NEW YORK--()--Fitch Ratings has published an updated mid-year version of its U.S. Public Power Peer Study Addendum.

The interactive Excel based analytical tool features a dynamic charting application that allows the user to generate a quick graphic representation of how a utility's selected financial metrics compare to the respective medians. It also offers tools for comparing a utility's key financial metrics to median calculations on a notch-specific rating basis for comparable entities rated within the same rating category (i.e. 'AA', 'A', 'BBB') and against the entire portfolio of Fitch-rated issuers.

The mid-year version of the Addendum contains operating and financial data for 132 Fitch-rated public power issuers, which includes retail and wholesale utility systems and rural electric cooperatives. It provides fiscal year 2014 data that includes updated statistics and metrics for utilities with fiscal years ending June 30, 2014 (as available), as well as revised medians to reflect updated statistics and rating actions taken through Jan. 31, 2015. For issuers with fiscal year ends other than June 30, the most recently available data will be presented.

The Addendum is available on the company's website, at 'www.fitchratings.com'.

Additional information is available at 'www.fitchratings.com'.

Applicable Criteria and Related Research: U.S. Public Power Peer Study Addendum -- February 2015

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=861490

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Contacts

Fitch Ratings
Stacey Mawson
Associate Director
+1-212-908-0678
Fitch Ratings, Inc.
33 Whitehall Street
New York, NY 10004
or
Dennis Pidherny
Managing Director
+1-212-908-0738
or
Media Relations
Elizabeth Fogerty, +1 212-908-0526
elizabeth.fogerty@fitchratings.com

Contacts

Fitch Ratings
Stacey Mawson
Associate Director
+1-212-908-0678
Fitch Ratings, Inc.
33 Whitehall Street
New York, NY 10004
or
Dennis Pidherny
Managing Director
+1-212-908-0738
or
Media Relations
Elizabeth Fogerty, +1 212-908-0526
elizabeth.fogerty@fitchratings.com