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Money Matters -- How to Raise Postrecession Capital Funds (PDF)

  • Author(s): Jewett, Brian
  • Publications: Journal - American Water Works Association
  • Issue Date: September 2012
  • Volume / Number: 104, Number 9
  • Page(s): 14, 16, 18
  • DOI:
  • Product Number: JAW_0076620
Full Text: pdf

Non-Member Price: $30
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Has your utility entered the bond market recently? Have you noticed a change in the lending environment? Do you know what it takes to secure debt financing for your utility as we crawl out from under the effects of the Great Recession? Even if your utility has issued bonds in the past, economic challenges have forever changed the landscape of the U.S. bond market. Savvy managers need to be aware of how the political and economic climates have affected the bond market by identifying current trends in the bond market and understanding how those trends affect the bond-rating process.

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