By NEIL HARTNELL

Tribune Business Editor

CONSOLIDATED Water yesterday said it would continue to use cash flow to finance the early redemption of its outstanding $8.5 million Bahamian bond issue, with the BISX-listed group adding that it expected the $5.9 million balance owed to it by the Water & Sewerage Corporation to "decrease going forward".

In a telephone conference call with Wall Street analysts to discuss the company's 2010 third quarter results, David Sasnett, Consolidated Water's chief financial officer, while acknowledging that the Government-owned Corporation "continues to owe us a significant amount", said it had managed to keep the receivables balance ...

Click here to read more at The Tribune