Municipal Electric Authority of Georgia; Joint Criteria; Wholesale Electric Dec 11
Standard & Poors, December 2011
Abstract
Standard & Poor's Ratings Services has assigned its 'A+' rating to Municipal Electric Authority of Georgia (MEAG) power revenue bonds, taxable series four; and general power revenue bonds taxable series 2012A. At the same time, Standard & Poor's assigned its 'A' rating to MEAG's project 1 subordinated bonds taxable series 2012A and general resolution projects subordinated bonds taxable series 2012A. Standard & Poor's also affirmed its 'A+' rating on the authority's parity senior debt, and its 'A' rating on the authority's subordinate-lien debt, and the 'A' rating on debt associated with the combined cycle generating unit. In addition, Standard & Poor's lowered its short-term rating on the authority's general resolution project subordinate bonds series 1985B to 'A-1' from 'A-1+' to...
Companies mentioned in this report are:
- Municipal Elec Auth of Georgia
- Dexia Credit Local
Action: New Rating
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: Full Analysis
- Municipal Elec Auth of Georgia
- Dexia Credit Local
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