Moody’s Investors Service affirmed the Minnesota Municipal Power Agency’s A3 rating but revised its outlook to stable from positive ahead of a $100 million revenue bond sale slated for next week.

The power agency is selling two series, one for $79 million and a second for $25 million. The rating reflects the agency’s market position as a cost-competitive power provider to its municipal customers predominately located in the Minneapolis-St Paul region. It has 11 municipal members. 

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