9 million tax-exempt commercial paper programs, cash of $250 million (consisting of Basin consolidated cash and Members' Investment Programs), $375 million of available credit facilities over and above the amount of taxable commercial paper outstanding, and a $130 million credit facility with CFC, directly available to support the tax-exempt CP program.
In addition, Basin has a $130 million credit facility with CFC to provide specific support for the tax-exempt commercial paper program.
NEW YORK -- Fitch Ratings withdraws the short-term rating assigned to the State of New Hampshire tax-exempt commercial paper
program general obligation bond anticipation notes, series A.
NEW YORK -- Fitch Ratings upgrades Texas Municipal Power Agency's (TMPA) $255 million tax-exempt commercial paper
(CP) notes, series 2005, and $20 million of taxable CP notes, series 2005A to 'F1+' from 'F1'.
The bonds are expected to sell via negotiation in early May and will refund Transmission Services Corporation's (TSC) outstanding tax-exempt commercial paper
, with a small amount of new money for its construction fund.
Proceeds of the bonds, which are expected to price via negotiated sale the week of April 5th, will refinance approximately $131 million of outstanding tax-exempt commercial paper notes and fund various capital plan projects.
650 million ($300 million) taxable and ($350 million) tax-exempt commercial paper (CP) program (approximately $201.
Project One subordinated bond proceeds will be used to (1) finance certain capital improvements to Project One, (2) refund certain tax-exempt commercial paper
notes issued for Project One, (3) fund some capitalized interest on the project one bonds and (4) pay the costs of issuance.
1 billion of outstanding parity RFS bonds and the 'F1+' rating on TAMUS' tax-exempt commercial paper
(CP) program authorized in a maximum amount of $300 million.
Series C tax-exempt commercial paper
notes at 'F1+'.
11, 2008, the portfolio was comprised of approximately 80% municipal variable rate demand obligations, 8% tax-exempt commercial paper
, 7% revenue bonds, 3% tax anticipation notes, and 2% general obligation bonds.