Anaheim Public Utility, CA Senior, Subordinate Electric Revenue Bond Outlook Revised To Negative Due To Economic Stress - S&P Global Ratings’ Credit Research

Anaheim Public Utility, CA Senior, Subordinate Electric Revenue Bond Outlook Revised To Negative Due To Economic Stress

Anaheim Public Utility, CA Senior, Subordinate Electric Revenue Bond Outlook Revised To Negative Due To Economic Stress - S&P Global Ratings’ Credit Research
Anaheim Public Utility, CA Senior, Subordinate Electric Revenue Bond Outlook Revised To Negative Due To Economic Stress
Published Apr 03, 2020
3 pages (1340 words) — Published Apr 03, 2020
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Abstract:

SAN FRANCISCO (S&P Global Ratings) April 3, 2020--S&P Global Ratings revised its outlook to negative from stable and affirmed the following ratings on the electric system bonds issued on behalf of the city of Anaheim, Calif.'s: 'AA-' rating on the Anaheim Housing and Public Improvement Authority's series 2020-A, 2020-B, and 2020-C revenue refunding bonds and retail electric (RETELEC) bonds; 'AA-' rating on the Southern California Public Power Authority's (SCPPA) Canyon Power Project bonds; 'AA-' rating on the Anaheim Public Financing Authority's RETELEC bonds; 'AA-' and 'A+' ratings on the California Municipal Finance Authority's RETELEC bonds. "The revised outlook reflects our assessment that the city's revenue base will be substantially weakened by the effects of the COVID-19 pandemic and the ensuing

  
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Ratings Action

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Global Issuers, Public Finance, Structured Finance
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MLA:
S&P Global Ratings’ Credit Research. "Anaheim Public Utility, CA Senior, Subordinate Electric Revenue Bond Outlook Revised To Negative Due To Economic Stress" Apr 03, 2020. Alacra Store. May 19, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Anaheim-Public-Utility-CA-Senior-Subordinate-Electric-Revenue-Bond-Outlook-Revised-To-Negative-Due-To-Economic-Stress-2407097>
  
APA:
S&P Global Ratings’ Credit Research. (). Anaheim Public Utility, CA Senior, Subordinate Electric Revenue Bond Outlook Revised To Negative Due To Economic Stress Apr 03, 2020. New York, NY: Alacra Store. Retrieved May 19, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Anaheim-Public-Utility-CA-Senior-Subordinate-Electric-Revenue-Bond-Outlook-Revised-To-Negative-Due-To-Economic-Stress-2407097>
  
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