DALLAS - The Sam Rayburn Municipal Power Agency, whose East Texas service area was hard hit by Hurricane Ike, came through the storm with its low investment-grade rating intact, according to Fitch Ratings.

Fitch analysts maintained its BBB-minus and a stable outlook on the wholesale electricity provider's $166 million of Series 2002 power system revenue refunding bonds. Standard & Poor's maintains the same rating, and Moody's Investors Service last rated the debt Baa2 in September 2006.

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