Regional Municipality of Niagara Ratings Affirmed At 'AA' On Strong Liquidity And Moderate Debt Feb 12

Standard & Poors, February 2012

Abstract
We are affirming our 'AA' long-term issuer credit and senior unsecured debt ratings on the Regional Municipality of Niagara. The ratings reflect our opinion of the region's strong liquidity and moderate debt burden. The stable outlook reflects Standard & Poor's expectations that Niagara's liquidity will not decline materially and that debt issuance will not significantly exceed our expectations within the two-year rating horizon. TORONTO (Standard & Poor's) Feb. 2, 2012--Standard & Poor's Ratings Services today said it affirmed its 'AA' long-term issuer credit and senior unsecured debt ratings on the Regional Municipality of Niagara, in the Province of Ontario (AA-/Stable/A-1+). The outlook is stable. "The ratings reflect our opinion of Niagara's strong liquidity and moderate debt burden," said Standard &...

Companies mentioned in this report are: Niagara (Regional Municipality of)
Action: Affirmed
Action: Outlook: Stable

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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.

Niagara (Regional Municipality of)

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