S&P Dims Seattle City Light One Notch, But Moody's Affirms

Williams, Rochelle
November 2002
Bond Buyer;11/11/2002, Vol. 342 Issue 31510, p40
Trade Publication
Reports that U.S.-based ratings agency Standard & Poor's Corp. lowered its ratings for electric power provider City Light as of November 2002. Reasons cited by the agency for lowering City Light's ratings; Plans of City Light to sell several million dollars of first lien bonds to refinance its outstanding debt; Ratings agency Moody's Investors Services Inc.'s ratings of the company.


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