- Language: English
- 89 Pages
- Published: October 2010
- Region: Malaysia
JEA, FL Electric System Revenue Bonds Rated 'AA'; 'AA-' Feb 01
- Published: February 2001
- Standard & Poors
BOSTON (Standard & Poor's CreditWire) Feb. 7, 2001--Standard & Poor's today assigned its double-'A' rating to JEA, Fla.'s $75 million revenue bonds, series Three 2001A; and $81.78 million revenue bonds, series Three 2001B. Also, Standard & Poor's assigned its double-'A'-minus rating to JEA's $40.25 million subordinate revenue bonds, series 2001A. The bonds are scheduled to sell Feb. 8, 2001. The outlook is stable. In addition, Standard & Poor's affirmed its double-'A' and double-'A'-minus ratings on JEA's outstanding revenue bonds. The ratings reflect: ý-- Management's commitment to rate competitiveness; ý-- Sound operational reliability and competitive electricity production costs; and ý-- Historically sound fixed-charge coverage of total obligations and good liquidity. Strengths are tempered by: ý-- Near-term pressure due to reliance on...
Companies mentioned in this report are:
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: 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. SHOW LESS READ MORE >
|Electronic||The report will be emailed to you.|