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Summary: Massachusetts Water Resources Authority; Joint Criteria; Water/Sewer Mar 12 Product Image

Summary: Massachusetts Water Resources Authority; Joint Criteria; Water/Sewer Mar 12

  • Published: March 2012
  • Standard & Poors

Abstract
Standard & Poor's Ratings Services has assigned its 'AA+' long-term rating to Massachusetts Water Resources Authority's (MWRA's) series 2012A general revenue bonds and series 2012B general revenue refunding bonds. We also affirmed the following ratings: The 'AA+' long-term rating and Standard & Poor's underlying rating (SPUR) on various series of MWRA's senior-lien debt, The 'AA' long-term rating and SPUR on various series of MWRA's subordinate-lien debt, The 'AAA' long-term rating on various series of subordinate-lien debt that is jointly secured by MWRA and a letter of credit provider, and The 'A-1+' and 'A-1' short-term ratings on various series of subordinate-lien debt where the ratings are based on the short-term rating of the counterparty providing liquidity support. The outlook on the...

Companies mentioned in this report are:
- Massachusetts Wtr Resources Auth

Action: Affirmed
Action: New Rating
Action: Outlook: Stable

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- Massachusetts Wtr Resources Auth

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