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Massachusetts Water Resources Authority; Joint Criteria; Water/Sewer Apr 11 Product Image

Massachusetts Water Resources Authority; Joint Criteria; Water/Sewer Apr 11

  • ID: 1718371
  • April 2011
  • Region: Massachusetts
  • Standard & Poors

Abstract
Standard & Poor's Ratings Services has assigned its 'AA+' long-term rating to Massachusetts Water Resources Authority's (MWRA's) series 2011B and 2011C revenue and refunding bonds. We also affirmed the following ratings: The 'AA+' long-term rating and Standard & Poor's underlying rating (SPUR) on various series of MWRA's senior-lien debt, The 'AA' long-term rating and SPUR on various series of MWRA's subordinate-lien debt, The 'AAA' long-term rating on various series of subordinate-lien debt that is jointly secured by MWRA and a letter of credit provider, and The 'A-1+' and 'A-1' short-term ratings on various series of subordinate-lien debt where the ratings are based on the short-term rating of the counterparty providing liquidity support. The outlook on the series 2011B and 2011C...

Companies mentioned in this report are:
- Massachusetts Wtr Resources Auth

Action: New Rating

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: Full Analysis

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- Massachusetts Wtr Resources Auth

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Note: Product cover images may vary from those shown

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