Power Utility Plans To... Published in Corporate Financing Week August 27, 2004 Power Utility Plans To Issue $125 Million In Bonds www.corporatefinancingweek.com/default.asp... and by the state of New Jersey," he said. The company is currently working with the state to obtain a financing order--a document that will guarantee that the bonds will be given a triple..., is transitioning from a regulated energy market to an unregulated one. State governments are assisting utilities in obtaining cheap financing to pay for restructuring costs...

on the ratepayers," said Fred S. Grygiel, Chief Economist for the New Jersey Board. "The potential for savings from the activist involvement of Saber Partners in the New Jersey financing... evidence of their material positive impact on the costs of financing and the cost to ratepayers." Saber Partners is a Wall Street advisory firm founded in 2000 by a former investment... bonds in Texas. The firm's conservative approach to advising on public finance and underwritings has been used in several high-profile situations. In addition to Texas and now New...

and municipal finance issues. Our senior management and advisors have decades of experience crafting creative solutions for clients. We pride ourselves on our independence and reputation...-owned utilities, to developing innovative low-cost financing for utility infrastructure and environmental projects through securitization, Saber Partners is at the forefront..., Regulators, Elected Officials, Chief Financial Officers, Treasurers and others. These services include: Advice on capital market proposals, financing structures and offering...

on these bonds. The obligation to continue to impose this specific charge is anchored by a binding, irrevocable and non-appealable financing order issued by the PUCT. Texas transition...), (i) each REP has been billed in compliance with the PUCT's applicable Financing Order (Financing Order), (ii) each REP has made all payments in compliance with the requirements... outlined in the Financing Order, and (iii) each REP satisfies the creditworthiness requirements of the Financing Order Quarterly reports of Collection Account and Subaccount...

Rebecca Krisel Research & Analysis Auction Rate Securities ("ARS") Problems and Solutions Jeremy Tennenbaum, Senior Managing Director & Senior Advisor Utility Finance, Securitization...