Ratings Assigned to AEP Texas Transition Funding II LLC Series A Transition Bonds
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