• +353-1-416-8900(GMT OFFICE HOURS)
  • 1-800-526-8630(US/CAN TOLL FREE)
  • 1-917-300-0470(EST OFFICE HOURS)
Summary: Cherokee County Water and Sewerage Authority, Georgia; Water/Sewer May 11 Product Image

Summary: Cherokee County Water and Sewerage Authority, Georgia; Water/Sewer May 11

  • ID: 1788915
  • May 2011
  • Region: Georgia
  • Standard & Poors

Abstract
Standard & Poor's Ratings Services has raised its underlying rating on Cherokee County Water and Sewerage Authority (CCWSA), Ga.'s revenue bonds to 'AA' from 'AA-'. At the same time, Standard & Poor's assigned its 'AA' long-term rating to the authority's series 2011 revenue refunding bonds. The outlook is stable. The rating incorporates our view of a water and sewer system with no additional debt needs and historically good financial performance. We believe it has exhibited good demand characteristics and maintained a historically strong liquidity position. The ratings reflect our view of CCWSA's: Historically good demand from serving a growing customer base, driven by the county's access to the Atlanta metropolitan statistical area (MSA); Strong liquidity position, with more than 600...

Companies mentioned in this report are:
- Cherokee Cnty Wtr & Swr Auth

Action: New Rating
Action: Outlook: Stable
Action: Upgraded

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress READ MORE >

Note: Product cover images may vary from those shown

RELATED PRODUCTS