- Language: English
- 93 Pages
- Published: December 2011
- Region: Slovenia
JEA, FL, Electric System Revenue Bonds Series 3 2010D&E Rated 'AA-'; Subordinate Revenue Bonds 2010C-E Rated 'A+' Sep 10
- Published: September 2010
- Standard & Poors
NEW YORK (Standard & Poor's) Sept. 22, 2010--Standard & Poor's Ratings Services has assigned its 'AA-' long-term rating to JEA, Fla.'s proposed $254 million electric system revenue bonds, series 3 2010D and E; and its 'A+' rating to the utility's $77 million electric system subordinated revenue bonds series 2010C, D, and E. At the same time, Standard & Poor's affirmed its 'AA-' ratings on JEA's senior-lien electric system revenue bonds, its 'AA-' ratings on the St. Johns River Power Park (SJRPP) and Bulk Power Supply System bonds that the utility pays as operating expenses, and its 'A+' ratings on the subordinate-lien electric system revenue bonds. The outlook is stable. "We believe supporting the ratings are rate adjustments that maintained healthy...
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Action: New Rating
Action: Outlook: Stable
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