Fitch Upgrades Florida Gas Utility's Project No. 2 to 'AA'; Outlook Stable (Business Wire)

yahoo.com     May 17, 2008            

NEW YORK--(BUSINESS WIRE)--Fitch Ratings has upgraded the long-term debt rating for the Florida Gas Utility's Gas Supply Acquisition Project No. 2 revenue bonds (series 2006) to 'AA' from 'AA-'. Florida Gas Utility's (FGU) upgrade follows UBS AG's posting of collateral equal to 102% of bond and... [read full story]                

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