Moody's affirms Poseidon Resources (Channelside) LP's bond ratings at Baa3; outlook stable
Approximately $733 million of rated debt affected. New York, March 01, 2017-- Moody's Investors Service affirmed at Baa3 the backed senior secured bond ratings of Poseidon Resources LP. The $530 million Water Furnishing Revenue Bonds, Series 2012 and the $203 million Water Furnishing Revenue Bonds, Series 2012 bonds were issued in 2012 on a tax-exempt basis through the California Pollution Control Financing Authority to finance the construction of the Carlsbad desalination...
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