California readies $7.3 billion offering for electric utilities

Berkman, Leslie
November 1997
Bond Buyer;11/14/97, Vol. 322 Issue 30273, p1
Trade Publication
Reports on the upcoming sale of taxable, asset-backed bonds aimed at carrying California's investor-owned electric utilities into deregulation. Major players in the road show; Hybrid nature of the bond issue; High ratings of the upcoming bond issue; Legal challenge by the Utility Reform Network as the only obstacle to the issue.


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