S&P Downgrades Philadelphia Gas Works One Notch

D'Ambrosio, Jill
April 2004
Bond Buyer;4/13/2004, Vol. 348 Issue 31861, p3
Trade Publication
Focuses on the decline in the ratings of the senior revenue bonds of Philadelphia Gas Works in April 2004. Volume of the company's uninsured bonds; Erosion in liquidity driven by deteriorating collection rates; Background on the nation's largest municipally owned gas utility company; Details of the collection problems of the company.


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