JEA Offers Up $278 Million Debt Deal; Raters Give Florida Utility High Marks
- Jacksonville, Fla., Utility Readies $540M Refunding. Sigo, Shelly // Bond Buyer;7/26/2002, Vol. 341 Issue 31436, p3
Reports on the marketing of million of bonds by JEA, a public water and electric utility in Jacksonville, Florida. Total amount of bonds; Necessity of bonds to refund debt sold for Saint Johns River Power Park System; Extension of the average maturity of the debt.
- JEA, Leader of the Power Pack, Selling Another $153M of Debt. Sigo, Shelly // Bond Buyer;9/19/2002, Vol. 341 Issue 31474, p28
Reports the selling of the subordinated electric system revenue bonds of JEA in Jacksonville, Florida. Issuance of the proceeds to finance a portion of the construction and improvement of the electric system of the company; Structure design to meld the overall structure in balancing other...
- Florida's JEA Offers $237 Million Refunding to Retail. Sigo, Shelly // Bond Buyer;1/15/2003, Vol. 343 Issue 31553, p6
Reports that Florida-based electric power supplying company JEA will begin retail sales of 237 million revenue refunding bonds as of January 15, 2003. Amount to tax-exempt bonds in the deal; Amount of taxable bonds; Date of maturity of the bonds.
- Florida's JEA Set to Price $353M Refunding. Sigo, Shelly // Bond Buyer;11/8/2005, Vol. 354 Issue 32855, p4
Reports on the expectation of JEA, formerly known as Jacksonville Electric Authority to complete the pricing of revenue bonds to refund a portion of debt originally issued to build the Saint Johns River Power Park, a two-unit coal-fired electric plant in, Jacksonville, Florida. Pricing of...
- Study shows third rating shrinks spreads. Reinebach, Adam // Investment Dealers' Digest;04/13/98, Vol. 64 Issue 15, p8
Focuses on a study which reports that corporate debt rating can affect bond spreads. How it can achieve cheaper funding costs; Comments from Bob Grossman, the managing director at that rating agency; Details on the study.
- Nigeria plans to sell 55 billion naira (US$ 340 million) in bonds with maturities of five and 20 years. // African Business News;7/10/2013, p28
The article presents information on the plans of Nigeria to sell 55 billion naira in bonds with maturities of five and 20 years, during its seventh monthly debt auction to be held on July 17, 2013.
- Asian Corporate Bond Volume Reaches Record. Sheahan, Matthew // High Yield Report;1/2/2012, p10
The article reports that as per data from Deologic, Asian firms, excluding those in Japan, issued a total of 312.4-billion dollars in bonds in 2011 comprising 1, 872 deals in investment-grade, high-yield and non-rated corporate debts and representing a 31% increase in bond issuances for 2010.
- The misunderstood asset. // Finweek;10/28/2010, p62
The article presents an overview on bonds, which is a certificate of debt issued by a company, public corporation or government to raise money that promises to pay the principal and interest in a fixed time.
- Fitch Differs With S & P About Florida's JEA and Explains Itself to Investors. Sigo, Shelly // Bond Buyer;5/5/2004, Vol. 348 Issue 31877, p36
Reports that the Fitch Ratings has maintained its ratings on JEA. Sale of senior and junior bonds by JEA; Affirmation of JEA's credit ratings; Assessment of the bonds coverage ratios of JEA.