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Ratings Assigned

Ratings assigned to the AEP Texas Transition Funding II LLC Series A Transition Bonds and to the debt issued by the Servicer

Instrument Moody's S&P Fitch
Issuer Rating Outlook Rating Outlook Rating Outlook
AEP Texas Central Transition Funding II LLC Transition Bonds Aaa N/A AAA N/A AAA N/A
Servicer
AEP Texas Central Company Senior Unsecured Debt Baa2 Stable BBB Stable A- Stable
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