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Article: WPS Resources Corporation Announces Credit Line Syndication.
- Article from:
- PR Newswire
- Article date:
- October 17, 2002
CopyrightCOPYRIGHT 2002 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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WPS Resources Corporation today announced the establishment of $180 million in revolving credit lines for WPS Resources Corporation and $100 million in revolving credit lines for Wisconsin Public Service Corporation, its regulated electric and natural gas subsidiary. Eleven banks participated in the syndication, which was arranged by U. S. Bank, N.A., with Wells Fargo as syndication agent, and signed on September 5. Moody's Investor Service has assigned an Aa3 rating to WPS Resources' 364-day senior unsecured syndicated bank facility and an Aa2 rating to Wisconsin Public Service's 364-day senior unsecured syndicated bank facility.
Joseph P. O'Leary, Senior Vice ...