TITLE

Fitch Knocks PGW Down Two Notches

AUTHOR(S)
D'Ambrosio, Jill
PUB. DATE
April 2004
SOURCE
Bond Buyer;4/26/2004, Vol. 348 Issue 31870, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports that Fitch Ratings has reduced its rating on Philadelphia Gas Works' outstanding senior revenue bonds. Rise in delinquent accounts; Increase in natural gas prices; Increase in number of customers with unpaid bills; Efforts to control losses; Ratings for Philadelphia Gas by Standard & Poor's and Moody's.
ACCESSION #
12923003

 

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