Reports: Pressure's Off California, But Fallout Remains to Be Seen

Finestone, Deborah
June 2001
Bond Buyer;6/29/2001, Vol. 336 Issue 31171, p3
Trade Publication
Reports that Standard & Poor's has removed California from CreditWatch due to the bridge fund obtained by the Department of Water Resources which will be used to buy power for the state's cash-strapped utilities. California's negative long-term rating outlook; Power revenue bond sale; Rating of the general obligation bond.


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