Kentucky PSC Approves Water District Refinancing With Rate Review Order
January 10, 2025
January 10, 2025
FRANKFORT, Kentucky, Jan. 10 -- The Kentucky Public Service Commission (PSC) has approved Jessamine-South Elkhorn Water District's application to refinance existing debt with two loans from Farmers Bank.
The District sought approval to refinance two maturing loans from Central Bank. While the Farmers Bank loans have slightly higher interest rates, the District determined that the overall savings and deferral of balloon payments would benefit its customers.
The PSC . . .
The District sought approval to refinance two maturing loans from Central Bank. While the Farmers Bank loans have slightly higher interest rates, the District determined that the overall savings and deferral of balloon payments would benefit its customers.
The PSC . . .