Citing Wall Street’s favorable reaction to its utility “back-to-basics” movement, Spokane, WA-based Avista Corp. was elevated to an investment-grade credit (Baa3), albeit the lowest rung, by Moody’s Investors Service, specifically related to about $90 million of debt by the utility holding company. Concurrently, the rating agency assigned the same rating to Avista’s five-year $350 million committed senior secured credit agreement with a December 2009 maturity.
Elevated
Articles from Elevated
Avista Raised to Investment-Grade Credit by Moody’s
Citing Wall Street’s favorable reaction to its utility “back-to-basics” movement, Spokane, WA-based Avista Corp. was elevated to an investment-grade credit (Baa3), albeit the lowest rung, by Moody’s Investors Service on Friday, specifically related to about $90 million of debt by the utility holding company. Concurrently, the rating agency assigned the same rating to Avista’s five-year $350 million committed senior secured credit agreement with a December 2009 maturity.
February 1, 2005
MMS Sees Less Than Expected Interest in Gulf Lease Sale 189
Despite high hopes for a sizeable turnout in light of currently elevated natural gas prices and royalty relief, the U.S. Department of the Interior’s Minerals Management Service (MMS) reported last Wednesday that there was only modest interest at its Eastern Gulf of Mexico (GOM) Lease Sale 189.
December 15, 2003
MMS Sees Less Than Expected Interest in Gulf Lease Sale 189
Despite high hopes for a sizeable turnout in light of currently elevated natural gas prices and royalty relief, the U.S. Department of the Interior’s Minerals Management Service (MMS) reported Wednesday that there was only modest interest at its Eastern Gulf of Mexico (GOM) Lease Sale 189.
December 11, 2003
Listen to the latest episode of our newest podcast NGI's Hub and Flow via:
