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KPUD gets good news from rating services

 


Fresh ratings from Moody’s and Fitch rating services point to strong indications of Klickitat PUD’s sound financial standing.

Fitch Ratings just issued an 'A-' rating to the KPUD series 2015 A ($45.75 million) and series 2015B ($34.55 million, federally taxable) electric system revenue and refunding bonds, according to a report in Business Wire. And Thursday Moody’s reaffirmed its earlier rating of A2 to the KPUD.

“I am very pleased that Fitch sees us as a well-run utility,” KPUD General Manager Jim Smith said Tuesday. “It’s very satisfying that the improvements we have made in our business and the efforts of each and every one of our employees has allowed us to retain our A...



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