Moody's Lifts Piedmont Power to Baa2

DeSue, Tedra
April 2006
Bond Buyer;4/5/2006, Vol. 356 Issue 32354, p4
Trade Publication
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.


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