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Lodi Electric Utility Lands Boosted Credit Rating, From BBB to BBB+
LODI [LNS] -
Lodi’s Electric Utility Lands in improved rating just in time.
An improved credit rating helps the city purchase electricity at better rates and should lower the expenses of refinancing the utility’s debt of more than $63 million, according to the statement released by the city.
Read the full story here.
Next entry: CalTrans got it right
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