OREANDA-NEWS. April 03, 2015. Fitch Ratings withdraws its 'F1' rating on the following notes:

-- Anchorage (AK) subordinate lien electric revenue commercial paper notes series B-1;
--Anchorage (AK) subordinate lien electric revenue commercial paper notes series B-2;
--Anchorage (AK) subordinate lien electric revenue commercial paper notes series C-1;
--Anchorage (AK) subordinate lien electric revenue commercial paper notes series C-2.

The rating for the B-1 and B-2 notes was based on the support of a letter of credit issued by JPMorgan Chase Bank, N.A. that was terminated on March 31, 2015. The rating for the C-1 and C-2 notes was based on the support of a letter of credit issued by Bank of Tokyo-Mitsubishi UFJ, Ltd. that was terminated on March 31, 2015.