N.C. Official Assures Analysts on Status of Power Bonds

Chesla, Nicholas
October 2000
Bond Buyer;10/20/2000, Vol. 334 Issue 31000, p36
Trade Publication
Reports on the assurance given by North Carolina's deputy treasurer and Local Government Commission secretary Robert M. High to municipal analysts on status of power bonds. State officials' plan to take action to make sure that bond payments are not interrupted as the state deregulates its electric utility industry; State and the commission's strong record of acting to protect bondholders.


Related Articles

  • Illinois deregulation promises to affect taxable market, utility-tax revenues. Williamson, Tammy // Bond Buyer;05/22/98, Vol. 324 Issue 30399, p36 

    Focuses on the impact of electric utility deregulation in Chicago, Illinois for the municipal bond market in the city. Comment by Dan Aschenbach, senior vice president with Moody's Investors Service; Features of the bill passed by the Illinois General Assembly deregulating the electric...

  • North Carolina Electricity Panel Delays Defeasement Issue. DeSue, Tedra // Bond Buyer;04/07/2000, Vol. 332 Issue 30866, p4 

    Reports on North Carolina's plan to deregulate its electric utility industry as of April 7, 2000. Lack of a plan for defeasing government bonds backed by the state's municipal power systems.

  • California Working Out Bond Deal to Bail Out Power Companies. Finestone, Deborah // Bond Buyer;02/05/2001, Vol. 335 Issue 31070, p48 

    Reports on California officials' plan to establish a mechanism on how revenue bonds authorized by the Legislature to buy power through long-term contracts will be structured. Issuance of bond anticipation notes through the Department of Water Resources; Expected inquiries from potential...

  • North Carolina utilities may offer cash to keep systems. De Sue, Tedra // Bond Buyer;02/24/2000, Vol. 331 Issue 30835, p4 

    Informs that public power providers for North Carolina may forego the sale of their distribution assets as part of a stranded-cost recovery plan proposed by investor-owned electric utilities. Possibility of offering cash instead; Unwillingness of the member cities in Electricities to sell their...

  • Muni Utilities Need Extra Cash for Emergencies. Kinnander, Ola // Bond Buyer;5/23/2002, Vol. 340 Issue 31392, p4 

    Reports the need of municipal electric utilities to increase the amount of cash for the coming adversities in the U.S. Availability of cash to pay possible debt; Development of problem on energy supply; Prediction on the establishment of coal-fired plants.

  • Pasadena leads the charge when it comes to facing electricity competition. Figler, Andrea // Bond Buyer;08/21/98, Vol. 325 Issue 30462, p26 

    Reports on plans by Pasadena, California to issue revenue/refinancing bonds in August 1998 in preparation for complete electric utility deregulation. Use of revenues to help the city create a special structure to ensure it maintains a competitive edge; Assurance that the bonds will not go into...

  • Pasadena, Calif.'s refunding is aimed at power deregulation. Figler, Andrea // Bond Buyer;08/03/98, Vol. 325 Issue 30448, p7 

    Reports on the opening of bids on revenue refunding bonds in Pasadena, California. Value of the bonds; Rating by Standard & Poor's; Outlook for the city's electric system outstanding debt; Schedule of the release of the bonds.

  • Municipal utilities may face problems with pending IRS private-activity rules. Stanton, Michael // Bond Buyer;10/21/97, Vol. 322 Issue 30256, p6 

    Focuses on possible problems for municipal utilities resulting from the US Internal Revenue Service's rules on private use of bond-financed public power facilities. Participation of municipal utilities in deregulated markets; Credit outlook for the high-quality sector; Comments from industry...

  • Electric power. Tunick, Britt // Bond Buyer;11/12/97, Vol. 322 Issue 30271, p19A 

    Reports that refunding continues to be the primary activity in of the electric power industry in the municipal market. Percentage increase in the third-quarter activity in the electric power industry from 1996-1997; Percentage decline in the combined activity for the first three quarters;...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics