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Bonneville Power Administration, WA's Refunding Electric Revenue Bonds Rated 'AA-' Nov 01
Standard & Poors, Nov 2001
Abstract
SAN FRANCISCO (Standard & Poor's) Nov. 20, 2001--Standard & Poor's today assigned its double-'A'-minus rating to Energy Northwest, Wash.'s $291.01 million refunding electric revenue bonds series 2001C, issued for Bonneville Power Administration's project number 1, $13.04 million refunding electric revenue bonds series 2001C, issued for Bonneville's project number 3, and $96.05 million refunding electric revenue bonds series 2001C, issued for Bonneville's Columbia Station. The bonds are scheduled to sell Nov. 27, 2001. In addition, Standard & Poor's affirmed its double-'A'-minus rating on approximately $1.23 billion in outstanding subordinate-lien debt issued for Bonneville by Energy Northwest; Eugene, Ore.; Conservation and Renewable Energy Systems; Northern Wasco County People's Utility District; Lewis County Public Utility District; Tacoma; and Washington Public Power Supply System....
Companies mentioned in this report are: Bonneville Pwr Admin,Eugene,Tacoma,Energy Northwest,Northern Wasco Cnty Peoples Util Dist,Lewis Cnty Pub Util Dist #1,Conservation and Renewable Energy Sys
Action: New Rating
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.
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