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Moody’s affirms Baa1 on Overton Power District’s (NV) revenue bonds; negative outlook removed

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Moody’s Investors Service has affirmed the Baa1 rating on Overton Power District, NV’s $14.9 million of outstanding special obligation electric system net revenue bonds. Concurrently, we have removed the negative outlook. SUMMARY RATING RATIONALE The rating affirmation and removal of the negative outlook reflects a trend of improved debt service coverage and liquidity, although we […]

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