Webinar Series

Rating Agency Webinar Series

This two-part webinar series is designed to help educate public power utilities on current trends and issues affecting utility bond ratings.

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Series Description

This series is designed to help educate public power utilities on current trends and issues affecting utility bond ratings. Through these webinars, you will learn the ins and outs of how rating agencies evaluate a utility’s bond rating, and hear what actions public power utilities can take to maintain or improve their bond ratings.   

This two-part series recorded in 2020, includes the following webinars:

  • Rating Agency Outlook for Public Power
  • Maintaining or Improving Your Utility’s Bond Rating

Recommended for

  • Utility employees at both the professional and management levels, in the fields of accounting and finance  
  • Those with interests and responsibilities in the topics listed, as well as future leaders those who would benefit from learning more about these areas

Speakers

  • David Bodek, Senior Director, U.S. Public Finance Infrastructure, Public Power Sector Leader, Standard & Poor’s Rating Service, New York, N.Y.
  • Jennifer Chang, Vice President – Senior Analyst, Global Project & Infrastructure Finance, Moody’s Investors Service, New York, N.Y.
  • Russ Hissom, CPA, CIA, CISA, CRMA, Partner Emeritus, Energy and Utilities Group, Baker Tilly, Madison, Wisconsin
  • Dennis Pidherny, Managing Director, Public Finance, Sector Head – U.S. Public Power, Fitch Ratings, New York, N.Y. 

Contact Us

Have questions? Contact 202/467-2997 or [email protected]

 

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Webinar #1: Rating Agency Outlook for Public Power

Recording length: 57 minutes

In this webinar, representatives from the credit rating agencies will discuss their outlook for public power and the electric utility industry for 2020. Hear about current issues that may affect the bond ratings of public power entities (municipalization and privatization activities; securitization and dealing with stranded costs; industry transitions and technologies), trends in credit ratings, public power’s strengths/challenges/weaknesses, and steps boards and managers should take to assure the financial strength of your organization.

Speakers

  • David Bodek, Senior Director, U.S. Public Finance Infrastructure, Public Power Sector Leader, Standard & Poor’s Rating Service, New York, N.Y.
  • Jennifer Chang, Vice President – Senior Analyst, Global Project & Infrastructure Finance, Moody’s Investors Service, New York, N.Y.
  • Dennis Pidherny, Managing Director, Public Finance, Sector Head – U.S. Public Power, Fitch Ratings, New York, N.Y. 

Webinar #2: Maintaining or Improving Your Utility’s Bond Rating

Recording length: 58 minutes

One of the important jobs of utility finance executives is to maintain or improve the utility’s bond rating. Improving the utility’s rating lowers interest rates on borrowings and is a best practice in utility financial management.
Hear what the rating agencies use in their evaluation of the utility’s bond rating and learn strategies to improve the utility’s financial health and credit worthiness in the eyes of the lending community. 

Topics

  • Key components of bond ratings 
  • Items that rating agencies look for in your financial statements
  • What does a poor rating cost your ratepayers?
  • Establishing benchmarks to measure financial performance
  • Public power case studies and best practices
  • Long-term planning and budgeting for a better bond rating
  • Public power case studies and best practices
  • Long-term planning and budgeting for a better bond rating

Speaker

  • Russ Hissom, CPA, CIA, CISA, CRMA, Partner Emeritus, Energy and Utilities Group, Baker Tilly, Madison, Wisconsin


Purchase the series: $175 for members; $335 for nonmembers

Contact Us

Have questions? Contact 202/467-2997 or [email protected]