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Posts tagged with Standard & Poor's Archives - Powerlines

Seattle City Light Sells $265M in Bonds, Customers Benefit

October 31, 2014

Seattle City Light successfully sold $265 million of bonds on Wed., Oct 22, 2014. A portion of the proceeds will be used to refinance existing bonds at a lower interest rate, saving $7.2 million annually for City Light customers.

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Standard & Poor’s Affirms City Light Bond Rating

April 26, 2010

Mayor Mike McGinn announced today that Standard & Poor’s (S&P) has affirmed Seattle City Light’s bond rating as AA- and a stable outlook. This rating is good news for ratepayers and independent validation that City Light is in good financial condition.

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