from
S&P Credit Research1558 word report
published Nov 24, 2009
Price
$175.00 available for immediate download
Report Overview
Search Inside
About
S&P Credit Research
| Abstract: | Standard&Poor's Ratings Services raised its underlying rating (SPUR) on Clifton Park Water Authority, N.Y.'s water revenue debt one notch to 'AA-' from 'A+' based on the authority's consistently strong financial position. The outlook is stable. At the same time, Standard&Poor's assigned its 'AA-' long-term rating, and stable outlook, to the authority's series 2009 water system revenue refunding bonds. The ratings also reflect our view of the authority's: Strong and growing service area economy that participates in the diverse Albany, N.Y. regional economy; Good debt service coverage (DSC); and Good water supply and limited additional capital needs. In our opinion, the authority's high debt-to-plant ratio somewhat offsets these strengths. A pledge of water revenues secures the series
|
| Brief Excerpt: | RESEARCH Ratings Definitions Summary: Clifton Park Water Authority, New York; Water/Sewer Publication date: 24-Nov-2009 Primary Credit Analyst: Nicole T Ridberg, New York (1) 212-438-4704; nicole_ridberg@standardandpoors.com Secondary...
|
| Report Type: | Summary
|
| Issuer: | Clifton Pk Wtr Auth
|
| Sector: | Public Finance
|
| Country: | United States
|
| Region: | United States
|
| Free Sample: |
Click Here to Download
|
| Format: | | HTML |  |
|
S&P Credit Research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.
Also from S&P Credit Research
- Clifton Park Water Authority, NY's Consistently Strong Finances Bump Revenue Debt Rating To 'AA-' $100.00
NEW YORK (Standard&Poor's) Nov. 24, 2009--Standard&Poor's Ratings Services raised its underlying rating (SPUR) on Clifton Park Water Authority, N.Y.'s water revenue debt one notch to 'AA-' from 'A+' based on the authority's consistently strong ...
- Summary: Clifton Park Water Authority, New York; Water/Sewer $175.00
Standard & Poor's Ratings Services affirmed its 'A' underlying rating (SPUR) on Clifton Park Water Authority (CPWA), N.Y.'s water system revenue bonds 1999 series. The rating reflects: A stable and primarily residential customer base, Adequate ...
- Summary: Clifton Pk Wtr Auth, NY; Utility, Water/Sewer $175.00
The 'A' Standard & Poor's underlying rating (SPUR) on Clifton Park Water Authority, N.Y.'s water system revenue bonds 1999 series A reflects: A stable and primarily residential customer base, Adequate debt service coverage with good liquidity, ...
- Summary: Clifton Pk Wtr Auth, NY; Revenue - Utility, Water/Sewer $175.00
The rating on Clifton Park Water Authority, N.Y.'s bonds reflects: A stable, primarily residential, customer base; Good water supply; Satisfactory legal provisions; and No plans to issue additional future debt. The bonds are secured by net ...
- Clifton Park Water Authority, NY Revenue Bonds Rated 'A' $175.00
NEW YORK (Standard & Poor's CreditWire) May 17, 1999--Standard & Poor's today assigned its single-'A' rating to Clifton Park Water Authority, N.Y.'s $8.79 million water revenue bonds series A dated May 5, 1999 due Oct. 1, 2029. The bonds are ...
