TITLE

Moody's Lifts Piedmont Power to Baa2

AUTHOR(S)
DeSue, Tedra
PUB. DATE
April 2006
SOURCE
Bond Buyer;4/5/2006, Vol. 356 Issue 32354, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the upgrade of Piedmont Municipal Power Agency's more than $1 billion of debt to Baa2 from Baa3 by Moody's Investors Service. The agency's healthy reserves and some lessening of Piedmont's competitive disadvantage are the major factors being considered in the upgrade.
ACCESSION #
20496065

 

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