OREANDA-NEWS. Fitch Ratings plans to withdraw the ratings on SCANA Corp (SCG) and its operating subsidiaries South Carolina Electric and Gas Co. (SCE&G), Public Service Co of North Carolina (PSNC) and South Carolina Fuel Company (SCFC) on or about July 27, 2016, which is approximately 30 days from the date of this press release, for commercial reasons.

Fitch currently rates SCG and its subsidiaries as follows with a Stable Outlook:

SCG

--Long-Term Issuer Default Rating (IDR) at 'BBB-';

--Senior unsecured debt at 'BBB-';

--Short-Term IDR at 'F3';

--Commercial paper at 'F3'.

SCE&G

--Long-Term IDR at 'BBB' ;

--First mortgage bonds at 'A-';

--Senior unsecured debt at 'BBB+';

--Short-Term IDR at 'F2';

--Commercial paper at 'F2'.

PSNC

--Long-Term IDR at 'BBB' ;

--Senior unsecured debt at 'BBB+';

--Short-Term IDR at 'F2';

--Commercial paper at 'F2'.

SCFC

--Commercial paper at 'F2'.

Fitch reserves the right in its sole discretion to withdraw or maintain any rating at any time for any reason it deems sufficient. Fitch believes that investors benefit from increased rating coverage by Fitch and is providing approximately 30 days' notice to the market of the rating withdrawal of SCG and its subsidiaries. Ratings are subject to analytical review and may change up to the time Fitch withdraws the ratings.

Fitch's last rating action for SCG was on June 9, 2016, at which time the ratings were affirmed with a Stable Outlook.