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DeKalb County, GA Water And Sewer Bonds Rated 'AA-' And 'A+' On Solid Operations Nov 11
Standard & Poors, November 2011
NEW YORK (Standard & Poor's) Nov. 23, 2011--Standard & Poor's Ratings Services has assigned its 'AA-' long-term rating to DeKalb County, Ga.'s various existing water and sewerage revenue bonds and revenue refunding bonds. At the same time, Standard & Poor's assigned its 'A+' long-term rating to the county's series 2011A water and sewerage revenue bonds. "The outlook is stable based on our expectation that the system will maintain solid operations and preserve its healthy financial position aided by the county's timely implementation of rate increases as it addresses its significant capital investment program," said Standard & Poor's credit analyst Paula Costa. In March 2011, Standard & Poor's lowered its rating on the county's previously issued water and sewer revenue bonds...
Companies mentioned in this report are: DeKalb Cnty
Action: New Rating
Action: Outlook: Stable
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: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.