CUSIP 837151QE2


  • ISIN: US837151QE24
  • Entity Name: South Carolina Public Service Authority
  • Sector: Municipal Agency
  • Announcement Date: *****
  • Effective Date: *****
  • Issue Date: *****
  • Maturity Date: *****
  • Country of Issuer: *****
  • Region: N.Amer
  • Issue Currency: *****
  • CA Type: Amendment of Indenture
  • News: SCANA Corporation (SCANA) (NYSE:SCG) and Santee Cooper today announced that the Interim Assessment Agreement with Westinghouse Electric Company, LLC concerning the nuclear construction project at the V.C. Summer Nuclear Station has been amended to extend the term of the agreement through August 10, 2017, subject to bankruptcy court approval. The agreement allows for a transition and evaluation period, during which South Carolina Electric & Gas Company (SCE&G), principal subs-idiary of SCANA, and V.C. Summer Nuclear Station project co-owner, Santee Cooper, can continue to make progress on the site. During this period, Fluor will remain in its current role and the projects co-owners will continue to make weekly payments for work performed during the interim period. The agreement extension allows the co-owners additional time to maintain all of their options by continuing construction on the project, while examining all of the relevant information for a thorough and careful assessment to determine the most prudent path forward. The goal is to reach a decision in the third quarter.
  • Description: *****
  • Bond Document: https://www.bondpdf.com/
  • Latest Corporate Actions: https://www.CAalerts.com/credit-corporate-action/ISIN/US837151QE24

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