Troubled Philadelphia gas works hit with downgrade from Moody's

Hoffman, David
February 1999
Bond Buyer;02/02/99, Vol. 327 Issue 30570, p3
Trade Publication
Focuses on Moody's Investors Service's decision to downgrade the outstanding Philadelphia Gas Works (PGW) debt. Factors contributing to the downgrading of the bond's rating; Bond rating given by Standard and Poor's and Fitch IBCA Inc.; Ben Hayllar's appointment as president of PGW.


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