Fitch: U.S. Energy Merchant HY Refundings Only S-T Fix, Teleconference Today, 10 a.m.Business Editors NEW YORK--(BUSINESS WIRE)--Oct. 15, 2003 The Fitch Ratings Fitch Ratings An international rating agency for financial institutions, insurance companies, and corporate, sovereign, and municipal debt. Fitch Ratings has headquarters in New York and London and is wholly owned by FIMALAC of Paris. U.S. Global Power group will be hosting a teleconference this morning at 10:00 a.m. EDT EDT abbr. Eastern Daylight Time EDT Eastern Daylight Time EDT n abbr (US) (= Eastern Daylight Time) → hora de verano de Nueva York EDT to discuss recent credit developments in the U.S. global power sector. Fitch analysts Hugh Welton, Richard Hunter, Robert Hunter, Robert, d. 1734, royal governor of New York and New Jersey (1709–19), b. Ayrshire, Scotland. His administration was notably successful. He maintained a vigorous campaign against the French and the Native Americans and cooperated with other colonies in Hornick and Ellen Lapson will participate in the call. While U.S. energy merchants like Reliant, Dynegy Holdings, Calpine and Williams Companies The Williams Companies, Inc. (NYSE: WMB) is an energy company based in Tulsa, Oklahoma. Its core business is natural gas exploration, production, processing, and transportation, with additional petroleum and electricity generation assets. have made good progress in solving near-term liquidity woes via capital market access and successful bank credit refinancings over the last few months, the completed refinancings have not necessarily enhanced the underlying credit fundamentals of the sector through leverage reduction and/or capital structure improvement. In addition to the companies referenced above, credits that will be discussed during the call include American Electric Power American Electric Power (NYSE: AEP) is a major investor-owner electric utility in various parts of the United States. It is headquartered in Columbus, Ohio. It serves parts of 11 states, and is currently the largest electricity generating utility in the United States. , Duke Energy, FirstEnergy, and Sempra Energy Sempra Energy NYSE: SRE is a San Diego, California-based energy services holding company that was founded in 1998. Sempra owns the Southern California Gas Company, San Diego Gas & Electric, Sempra Commodities, and Sempra Generation. . Participants are invited to send questions in advance by email to 'hugh.welton@fitchratings.com'. Listeners will also be able to participate in a question and answer session during the call. U.S. participants should call 877-897-0442, and callers from outside the U.S. should call 706-643-7396 ten minutes prior to the 10:00 a.m. EDT start time. In order to ensure there are sufficient telephone lines available, please use internal conferencing capabilities, if possible, for multiple listeners at a single location. A replay of the teleconference will be available starting at 1:00 p.m. EDT this afternoon until Oct. 21 at 800-642-1687 (U.S.) or 706-645-9291 (outside the U.S.). The access code is '3241557'. Additionally, an audio version of the teleconference replay will be archived on the Fitch Ratings web site for one month. Interested parties can find the appropriate link at the 'Company Events & Online Media' link, which is located under the heading 'About Fitch' at 'www.fitchratings.com'. |
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