• SELECT SITE CURRENCY
Select a currency for use throughout the site
Summary: Pittsburgh Water & Sewer Authority, Pennsylvania; Water/Sewer Mar 12
Standard & Poors, March 2012
Standard & Poor's Ratings Services affirmed its 'AA-/A-1' rating on Pittsburgh Water & Sewer Authority, Pa.'s water and sewer first-lien variable-rate demand bonds series 2008D-2, due to the bank facility being extended to Aug. 4, 2014. The long-term component of the rating is based on the rating on Assured Guaranty Municipal Corp. The short-term component of the rating is based on the rating on PNC Bank N.A., Pittsburgh, Pa. The stable outlook is based on the outlook of the insurance provider. USPF Criteria: Bank Liquidity Facilities, June 22, 2007...
Companies mentioned in this report are: Pittsburgh Wtr & Swr Auth
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.
This product consists of a Summary Analysis: Bi-annual (at least). An abbreviated analysis containing Standard & Poor's issuer credit ratings as of the time the article was published. The analysis includes a rating rationale - the basis on which the rating was assigned - and an outlook section if the issuer is not on CreditWatch. Financial statistics are not included.
Pittsburgh Wtr & Swr Auth