Illinois G&T Coop Receives Long-Term Rating of A- for Senior Secured Bonds
Prairie Power, Inc. (PPI) recently received a long-term rating of A- with a stable outlook by Kroll Bond Rating Agency (KBRA) for all of its $471.3 million of senior secured debt as of November 1, 2012. PPI is an electric generation and transmission coop that serves central Illinois. This is KBRA’s first G&T coop rating and marks its entry into this market. Read more here.