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Article: DUFF & PHELPS CREDIT RATING CO. REAFFIRMS RATINGS OF GTE HAWAIIAN TELEPHONE COMPANY INC.
- Article from:
- PR Newswire
- Article date:
- February 9, 1993
CopyrightCOPYRIGHT 1993 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Chicago, Feb. 9 /PRNewswire/ -- Duff & Phelps Credit Rating Co. has reaffirmed the long-term debt ratings of GTE Hawaiian Telephone Co. Inc. (Hawaiian Tel). Hawaiian Tel's first mortgage bonds are reaffirmed at A' (Single-A) and its debentures at A-' (Single-A-Minus). The A' (Single-A) rating will also apply to the $125 million of first mortgage bonds that Hawaiian Tel plans to issue shortly. Proceeds from the offering will be used to reduce outstanding short-term debt.
Hawaiian Tel's credit rating reflects in part its debt ratio, which remains above expectations as a result of its aggressive capital spending program. Construction spending will remain high in the ...
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Article: Hawaiian Tel's profit up 44 percent
Honolulu Star - Bulletin;
March 27, 1997 ;
679 words
...GTE Hawaiian Tel recorded a 44 percent increase in profit ... posted today on the SEC Internet site. Hawaiian Tel spokesman Dan Smith said there was ... earn," Totto said. "Despite what Hawaiian Tel says about competition, there really ...
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