+ Follow MID-AMERICAN HOLDINGS CO Tag
Array
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[results] => Array
(
[0] => Array
(
[ArticleID] => 209517
[Title] => Moodys downgrades CE Casecnan rating
[Summary] => Moodys Investors Service has downgraded its rating on CE Casecnan Water and Energy Company, Inc. (CE) from Ba2 to B2, a move that would affect some $288 million of the companys debt securities.
Moodys said the downgrade in CEs prospects came after the National Irrigation Administration (NIA) decided not to pay the monthly invoice for water and electricity fees that fell due last May 28.
The invoice amounted to $10.8 million, of which $3.6 million was for the tax compensation portion of the water delivery fee.
[DatePublished] => 2003-06-10 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 205415
[Title] => Moodys reviews CE Casecnan rating
[Summary] => Moodys Investors Service announced yesterday that it was reviewing the credit rating of CE Casecnan Water and Energy Co. Inc. for a possible downgrade, a move that would affect the companys $288-million worth of debt securities.
Moodys said it has placed CEs Ba2 senior secured notes rating after the National Irrigation Authority (NIA) initiated legal proceedings to void the companys project agreement.
[DatePublished] => 2003-05-09 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
MID-AMERICAN HOLDINGS CO
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 209517
[Title] => Moodys downgrades CE Casecnan rating
[Summary] => Moodys Investors Service has downgraded its rating on CE Casecnan Water and Energy Company, Inc. (CE) from Ba2 to B2, a move that would affect some $288 million of the companys debt securities.
Moodys said the downgrade in CEs prospects came after the National Irrigation Administration (NIA) decided not to pay the monthly invoice for water and electricity fees that fell due last May 28.
The invoice amounted to $10.8 million, of which $3.6 million was for the tax compensation portion of the water delivery fee.
[DatePublished] => 2003-06-10 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 205415
[Title] => Moodys reviews CE Casecnan rating
[Summary] => Moodys Investors Service announced yesterday that it was reviewing the credit rating of CE Casecnan Water and Energy Co. Inc. for a possible downgrade, a move that would affect the companys $288-million worth of debt securities.
Moodys said it has placed CEs Ba2 senior secured notes rating after the National Irrigation Authority (NIA) initiated legal proceedings to void the companys project agreement.
[DatePublished] => 2003-05-09 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
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