CHICAGO-- Minnesota Municipal Power plans to enter the market in the coming days with a $20 million tax-exempt sale of electric revenue bonds to help finance a bioenergy project.

Ahead of the sale, Moody’s Investors Service affirmed the agency’s A3 rating and revised its outlook to positive from stable on $260 million of debt. Fitch Ratings affirmed its A rating and stable outlook.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.