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S&P Corrects Outlook On Seminole Electric Co-op, Fla. Series 2007 A & B Bonds

  • ID: 1711533
  • July 2009
  • Standard & Poors
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Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.

Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.

NEW YORK (Standard & Poor's) July 2, 2009--Standard & Poor's Ratings Services corrected the outlook on its 'A-' rating on Putnam County Development Authority (Seminole Electric Co-op), Fla. series 2007 A and B remarketed bonds to negative from stable. Due to administrative error, we assigned an incorrect outlook on June, 5, 2008. These bonds are guaranteed by a bond insurance policy from Ambac Assurance Corp. (BBB/Watch Neg)....

Companies mentioned in this report are: Seminole Elec Coop
Action: Outlook: Negative

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Seminole Elec Coop

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