Colorado Springs, CO Series 2007A Short-Term Bond Rating Lowered To 'AA/A-1' - S&P Global Ratings’ Credit Research

Colorado Springs, CO Series 2007A Short-Term Bond Rating Lowered To 'AA/A-1'

Colorado Springs, CO Series 2007A Short-Term Bond Rating Lowered To 'AA/A-1' - S&P Global Ratings’ Credit Research
Colorado Springs, CO Series 2007A Short-Term Bond Rating Lowered To 'AA/A-1'
Published Jun 12, 2018
3 pages (979 words) — Published Jun 12, 2018
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

NEW YORK (S&P Global Ratings) June 12, 2018--S&P Global Ratings has corrected its dual rating on Colorado Springs' series 2007A variable rate demand utility system improvement revenue bonds by lowering the short-term rating component to 'AA/A-1' from 'AA/A-1+'. The outlook is stable. On Feb. 7, 2018, we lowered our ratings on Wells Fargo Bank N.A. to 'A+/A-1' from 'AA-/A-1+'; however, due to an administrative error, the rating on this series, which is linked to the ratings on the bank, was not immediately captured and adjusted when we revised our ratings on the bank.

  
Brief Excerpt:

...Primary Credit Analyst: Lisa Ardolina, New York (1) 212-438-3810; lisa.ardolina@spglobal.com Secondary Contact: Doug Snider, Centennial + 1 (303) 721 4709; doug.snider@spglobal.com...

  
Report Type:

Ratings Action

Issuer
Colorado Springs
Sector
Global Issuers, Public Finance
Country
United States
Region
United States
Format:
PDF Adobe Acrobat
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Colorado Springs, CO Series 2007A Short-Term Bond Rating Lowered To 'AA/A-1'" Jun 12, 2018. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Colorado-Springs-CO-Series-2007A-Short-Term-Bond-Rating-Lowered-To-AA-A-1-2055150>
  
APA:
S&P Global Ratings’ Credit Research. (). Colorado Springs, CO Series 2007A Short-Term Bond Rating Lowered To 'AA/A-1' Jun 12, 2018. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Colorado-Springs-CO-Series-2007A-Short-Term-Bond-Rating-Lowered-To-AA-A-1-2055150>
  
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