Colorado Springs, CO Utilities System Bonds 2012B Rated 'AA' On Good Support From City Council - S&P Global Ratings’ Credit Research

Colorado Springs, CO Utilities System Bonds 2012B Rated 'AA' On Good Support From City Council

Colorado Springs, CO Utilities System Bonds 2012B Rated 'AA' On Good Support From City Council - S&P Global Ratings’ Credit Research
Colorado Springs, CO Utilities System Bonds 2012B Rated 'AA' On Good Support From City Council
Published Apr 05, 2012
Published Apr 05, 2012
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Abstract:

NEW YORK (Standard&Poor's) April 5, 2012--Standard&Poor's Ratings Services has assigned its 'AA' rating to City of Colorado Springs, Colo.'s utilities system revenue bonds series 2012B. At the same time, Standard&Poor's affirmed its 'AA', 'AA/A-1+', and 'AA/A-1' ratings on the utilities' parity debt outstanding. The outlook is stable. "The 'AA' rating reflects our view of city council's willingness to set rates that provide generally strong debt service coverage and good liquidity, competitive rates in each of its four utility systems, a diverse mix of resources in its electric system, and a stable regional economy," said Standard&Poor's credit analyst Judith Waite. A pledge of net revenues of Colorado Springs Utilities' (CSU) electric, gas, water,

  
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Ratings Action

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Global Issuers, Public Finance
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MLA:
S&P Global Ratings’ Credit Research. "Colorado Springs, CO Utilities System Bonds 2012B Rated 'AA' On Good Support From City Council" Apr 05, 2012. Alacra Store. May 12, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Colorado-Springs-CO-Utilities-System-Bonds-2012B-Rated-AA-On-Good-Support-From-City-Council-954895>
  
APA:
S&P Global Ratings’ Credit Research. (). Colorado Springs, CO Utilities System Bonds 2012B Rated 'AA' On Good Support From City Council Apr 05, 2012. New York, NY: Alacra Store. Retrieved May 12, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Colorado-Springs-CO-Utilities-System-Bonds-2012B-Rated-AA-On-Good-Support-From-City-Council-954895>
  
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