BULLETIN: Orlando Utilities Commission, FL's Rating Unchanged Following Hurricane Charley - S&P Global Ratings’ Credit Research

BULLETIN: Orlando Utilities Commission, FL's Rating Unchanged Following Hurricane Charley

BULLETIN: Orlando Utilities Commission, FL's Rating Unchanged Following Hurricane Charley - S&P Global Ratings’ Credit Research
BULLETIN: Orlando Utilities Commission, FL's Rating Unchanged Following Hurricane Charley
Published Aug 18, 2004
Published Aug 18, 2004
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Abstract:

NEW YORK (Standard&Poor's) Aug. 18, 2004—Standard&Poor's Ratings Services said today its 'AA' rating on Orlando Utilities Commission (OUC), Fla.'s debt remains unchanged following the effects of Hurricane Charley, one of the most severe storms of the past 40 years. OUC is currently conducting preliminary impact assessments as Florida digs out from the hurricane. After the storm, more than 75% of total OUC customers (or roughly 149,000) were left without service, including all 21,000 customers served in the city of St. Cloud. As of yesterday afternoon, about 35,000 customers were still without service; OUC predicts most of the remaining customers will have service by the end of this week. A preliminary estimate of service restoration cost is

  
Report Type:

Bulletin

Issuer
Sector
Global Issuers, Public Finance
Country
Region
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MLA:
S&P Global Ratings’ Credit Research. "BULLETIN: Orlando Utilities Commission, FL's Rating Unchanged Following Hurricane Charley" Aug 18, 2004. Alacra Store. May 15, 2025. <http://www.alacrastore.com/s-and-p-credit-research/BULLETIN-Orlando-Utilities-Commission-FL-s-Rating-Unchanged-Following-Hurricane-Charley-390787>
  
APA:
S&P Global Ratings’ Credit Research. (). BULLETIN: Orlando Utilities Commission, FL's Rating Unchanged Following Hurricane Charley Aug 18, 2004. New York, NY: Alacra Store. Retrieved May 15, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/BULLETIN-Orlando-Utilities-Commission-FL-s-Rating-Unchanged-Following-Hurricane-Charley-390787>
  
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