• 1-800-526-8630U.S. (TOLL FREE)
  • 1-917-300-0470EAST COAST U.S.
  • +353-1-416-8900REST OF WORLD
JEA, Florida; Retail Electric Jan 07 Product Image

JEA, Florida; Retail Electric Jan 07

  • ID: 2042658
  • January 2007
  • Region: Florida
  • Standard & Poors

Abstract
JEA, Fla.'s electric system variable-rate senior-lien revenue and refunding bonds series 2007A have been rated 'AA-'. The bonds are expected to be insured, and remarketing risks are expected to be addressed by inclusion of an SBPA before closing. In conjunction with issuance of debt for the St. Johns River Power Park (SJRPP) earlier this week, Standard & Poor's Ratings Services affirmed the ratings on all of JEA's obligations. The affirmations included outstanding parity senior-lien electric system debt (AA-), SJRPP debt (which as an operating expense of JEA is rated on a par with the senior-lien debt at 'AA-'), and junior-lien electric system debt (A+). At the time of the affirmations, Standard & Poor's revised its outlook on all of JEA's...

Companies mentioned in this report are:
- JEA

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

Note: Product cover images may vary from those shown

JEA

Note: Product cover images may vary from those shown
Note: Product cover images may vary from those shown

RELATED PRODUCTS

Our Clients

Fluidigm Corporation Apple, Inc. CEVA Santé Animale Abbott Laboratories Ltd. Merck Group Allergan Inc. Pfizer, Inc.