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MEMBER NEWS

Benton PUD Bond Rating Affirmed at A+ by S&P Global Ratings

7/19/2019

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S&P Global Ratings affirmed its ‘A+’ rating with a stable outlook on Benton PUD’s electric revenue bonds.  Benton PUD also maintains its Aa3 rating with Moody’s Investor Services, and recent upgrade to AA- rating from Fitch Ratings.
 
S&P Global Ratings attributed the A+ rating to Benton PUD's strong competitive rates, favorable power supply, solid financial metrics, and strong risk profile which is the result of robust fixed-charge coverage and a low debt-to-capital ratio. They noted that Benton PUD’s rates were less than 90% of the Washington state average.  The stable outlook reflects S&P Global Ratings expectation that Benton PUD will maintain financial metrics in the future.
 
The S&P Global Ratings report on Benton PUD can be viewed on the Benton PUD website at BentonPUD.org.  
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Copyright © Tri-City Regional Chamber of Commerce. All rights reserved.
7130 W Grandridge Blvd., Suite C, Kennewick, WA 99336 USA
Phone: (509) 736-0510 |  Fax: (509) 783-1733 
info@tricityregionalchamber.com
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Photos used under Creative Commons from The National Guard, Gamma Man, US Department of Education, U.S. Secretary of Defense, Tony Webster, jalexartis, Blue Mountains Library, denisbin, Baker County Tourism
  • COVID-19 Resources
  • MEMBERSHIP
    • Membership Directory
    • Member Login
    • Join the Chamber
    • Member Benefits
    • Sponsorship Opportunities
    • Visionary, Director, & Executive Level Members
  • EVENTS
    • Chamber Calendar
    • Annual Events >
      • Annual Meeting & Awards Luncheon
      • Women in Business Conference
      • State of the Cities
      • Tri-Cities Diversity Summit
      • Elected Leaders Reception
      • Tri-Cities Day with the Seahawks
      • Tri-Cities Day at the Capitol
      • Bridging Partnerships Small Business Symposium
    • Monthly Membership Luncheon
    • Business After Hours
    • Meet the Chamber
  • PROGRAMS & SERVICES
    • BUSINESS PROGRAMS >
      • Ask the Experts
      • Confident Compliance
      • Economic Gardening
      • Good Health is Good Business
      • Office Depot Savings Program
      • Small Business Incentive Program
    • myTRI 2030
    • Business Advocacy >
      • Public Policy Guiding Principles
      • Business Advocacy Letters
      • Session Spotlight with Stephanie Swanberg
      • Vote for Business
    • Ambassador Club
    • LEARN Groups
    • Washington PTAC >
      • Meet the Buyer
      • Procurement Power Hour
    • Washington Workforce Portal
  • NEWS
    • Press Releases
    • Blog
    • Member News
    • MOMENTUM - Annual Publication & Community Resource Guide
  • ABOUT US
    • Contact
    • Our Leadership
    • Our Team
    • Committees
    • Policies
    • Our Partners >
      • TRIDEC
      • Visit Tri-Cities