TITLE

MMWEC's $96 Million Sale Sets The Stage for Debt Restructuring

AUTHOR(S)
Higginbotham, Stacey
PUB. DATE
January 2001
SOURCE
Bond Buyer;01/08/2001, Vol. 335 Issue 31052, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Focuses on Massachusetts Municipal Wholesale Electric Co.'s plan to sell variable-rate bonds to finance a tender offer that will pave the way for its debt restructuring. Goal of ridding its advance refunded debt; Opportunity to use tax-exempt financing in restructuring the balance of its debt; Efforts to gain some additional interest rate savings.
ACCESSION #
3979711

 

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