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

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

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Research Type: Full Analysis

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- Massachusetts Wtr Resources Auth

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