Fitch Rates Tennessee Valley Authoritys Global Power Bonds 2013 Series A AAA Outlook Negative

NEW YORK--(BUSINESS WIRE)-- Fitch Ratings assigns an 'AAA' rating to the following Tennessee Valley Authority (TVA), TN's global power bonds: --Approximately $1 billion global power bonds 2013 series A. The bonds are expected to price on September 24. Proceeds will be used to refinance outstanding TVA debt. In addition, Fitch affirms the 'AAA' rating ...