Deregulation bill's 10-year call deadline may tighten credit analysis for utilities

Stanton, Michael
November 1997
Bond Buyer;11/17/97, Vol. 322 Issue 30274, p1
Trade Publication
Discloses the possibility that municipal utilities planning long-term bond issues may be subject to a stricter credit analysis from investors and bond insurers if they agree to call their bonds within 10 years to protect their tax-exempt status. Provisions in the electricity-deregulation legislation on the issue; Implications of the law for deal analysis.


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