DALLAS — Phoenix will continue its policy of issuing short-term notes backed by a letter of credit to match construction costs on major utility projects with next week’s sale of a still-undetermined ...
The rating on the Notes is based upon the LOC provided by the Bank; the structure and legal protections of the transaction which provide for timely payment of principal and interest to Note holders; ...
Rating Action: Moody's assigns P-1 LOC-backed ratings to Aspirus Inc.Obligated Group, WI, Taxable Commercial Paper Notes, Series 2021 Read the full article at Moody's News Indices Commodities ...
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