Omaha Public Power District, NE 2011B And 2011C Revenue Bonds Rated 'AA'; Other Ratings Affirmed Nov 11
- ID: 2023735
- November 2011
- Standard & Poors
NEW YORK (Standard & Poor's) Nov. 7, 2011--Standard & Poor's Ratings Services has assigned its 'AA' rating to Omaha Public Power District (OPPD), Neb.'s electric system revenue bonds series 2011B and C. At the same time, Standard & Poor's its 'AA' rating on the district's parity senior-lien obligations. Standard & Poor's also affirmed its 'AA-' rating on OPPD's subordinate-lien bonds and periodically issued bonds, and its 'A-1+' commercial paper rating, all of which are subordinate to the 2011B and C bonds. The outlook on the long-term ratings is stable. "In our view, factors supporting the ratings include a diversified customer base, historically reliable and low cost power supply, unregulated rate-setting ability, strong financial ratios, and a moderate debt burden," said...
Companies mentioned in this report are:
- Omaha Pub Pwr Dist
Action: New Rating
Action: Outlook: Stable
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Research type: News
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