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Moody's Corporation

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Top Moody's Corporation Articles see all

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  • Bonds will help utility cut debt

    Bonds will help utility cut debt
    Burbank Water and Power will issue water bonds for the first time in more than a dozen years after the City Council this week granted the utility's request to use the earnings to fund projects and reduce debt.
  • Glendale Water & Power could face rating dip

    Glendale Water & Power could face rating dip
    Several bond-rating agencies this week warned that without an increase in electric rates this year, Glendale Water & Power could face a downgrade due to its weak financial performance. The warnings come weeks before a City Council election in which three...

    Glendale council OKs bonds for power utility upgrades

    Glendale council OKs bonds for power utility upgrades
    The City Council this week approved issuing $60 million in bonds for electricity-related capital improvements, a move that will cost city coffers about $3 million a year in principle and interest payments. The bonds, which were already incorporated into...

    Ron Kaye: Empty desks, a new way of life

    The email from Moody's credit rating service that popped up on my computer screen boggled my mind: Glendale was among 40 California cities that were downgraded or are facing downgrades, but Los Angeles and San Francisco could get upgrades. I'm an old...