Massachusetts Water Resources Authority; Joint Criteria; Water/Sewer Apr 11
- ID: 1718371
- April 2011
- Region: Massachusetts
- Standard & Poors
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