Looking to Compete
- Ohio Air Quality Agency readies issues for pair of electric utilities. Wisniewski, Mary // Bond Buyer;03/10/2000, Vol. 331 Issue 30846, p3
Reports the plans to sell tax-exempt pollution control revenue refunding bonds by Ohio Air Quality Development Authority in behalf of electric utility companies in Akron, Ohio. Companies approved for refundings; Terms for the Dutch auction; Uses of original bonds proceeds.
- Austin to use refunding to invigorate utility's competitiveness. Preston, Darrell // Bond Buyer;08/05/97, Vol. 321 Issue 30202, p30
Reports that the $226.8 million bond refunding of Austin, Texas marks a new era in the city utility's competitive environment. Expected savings from the refunding; Combined utility revenue issues from June 6, 1991 to August 22, 1996; Credit ratings, lead manager and insurer of the bond deals.
- Electric Utilities Could Refund Again If Long-Shot Bill Passes. Kinnander, Ola // Bond Buyer;4/11/2002, Vol. 340 Issue 31363, p36
Reports on the legislation proposal of the Congress allowing the an advance refunding of public power utilities in South Carolina. Reduction of interest rate costs; Total outstanding tax-exempt debt of public power systems; Limitation of the bill to public power debt.
- House Bill: One More Advance Refunding for Power Bonds. Duff, Susanna // Bond Buyer;6/10/2003, Vol. 344 Issue 31653, p4
This article focuses on a resolution passed in the United States in the week of June 2, 2003 , which enables public power utilities to be able to advance refund tax-exempt debt used for electricity bonds one additional time. Introduced on June 3, 2003, the bill would allow an additional advance...
- On Heels of Bond Rally, Puerto Rico Utility's Refunding Grows to $210M. D'Ambrosio, Jill // Bond Buyer;8/10/2004, Vol. 349 Issue 31944, p40
Reports that the Puerto Rico Electric Power Authority has added $85 million of power revenue bonds to the $125 million refunding it had already planned for pricing on August 10, 2004. Investment banks involved in the deal; Bond market rally on August 7, 2004; Credit ratings given by Standard &...
- Platte River Power Agency In Colorado to Refund $103M. Albanese, Elizabeth // Bond Buyer;1/30/2007, Vol. 359 Issue 32557, p8
The article reports that the Platte River Power Authority in Colorado plans to go to market with a $102.5 million refunding. Proceeds from the tax-exempt offering will take out portions of the authority's Series DD bonds and Series EE bonds. The deal is structured as serial bonds reaching final...
- Indiana power agency awaits the right rate for bond sale. Goldsmith, Steve // Bond Buyer;08/14/98, Vol. 325 Issue 30457, p27
States that the Indiana Municipal Power Agency will sell special obligation refunding bonds that will save the utility $1.8 million. Schedule of pricing by lead manager J.P. Morgan Securities; Investment of proceeds in American Treasuries.
- Salt River Project Brings $833M for Projects, Refunding. Williamson, Richard // Bond Buyer;5/12/2015, Vol. 1 Issue 34303, p1
Arizona's Salt River Project, one of the most highly rated credits in the public power sector, plans to issue $833 million of revenue bonds, an amount that could grow based on market demand.
- Austin Readies $138M Refunding For Electric Utility; Target Is 4.3%. Albanese, Elizabeth // Bond Buyer;10/17/2006, Vol. 358 Issue 32488, p30
The article reports on the decision of the city of Austin to sell electric utility system revenue refunding bonds worth $138 million, which is expected to yield present-value savings of at least 4.3 percent in Texas. The negotiated offering is managed by Merrill Lynch & Co. Inc. The city's...