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Mid-Bay Bridge Authority, Florida; Toll Roads Bridges

Published Jan 13, 2011

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Abstract:

Standard&Poor's Ratings Services has revised its outlook on Mid-Bay Bridge Authority (MBBA or the authority), Fla.'s senior-lien revenue bonds outstanding to stable from negative. At the same time, Standard&Poor's has assigned its 'BBB-' rating to the authority's pro forma $145 million series 2011A springing lien revenue bonds and its pro forma $70 million series 2011B springing lien revenue refunding bonds, which it is issuing to fund the capital plan (series A) and refund certain bonds outstanding (series B). Standard&Poor's also affirmed its 'BBB+' rating on MBBA's senior-lien bonds outstanding. The revision reflects our view of the clarification of the authority's capital plan that includes a debt level that we believe is manageable, coupled with

Report Type:

Full Report

Issuer

Mid Bay Br Auth

Sector

Public Finance

Country

United States

Region

United States

Format:

HTML

Summary: Mid-Bay Bridge Authority, Florida; Toll Roads Bridges – 2012/03/30 – US$ 225.00

Summary: Mid-Bay Bridge Authority, Florida; Toll Roads Bridges – 2013/04/26 – US$ 225.00

Summary: Mid Bay Bridge Authority, Florida; Toll Roads Bridges – 2014/04/08 – US$ 225.00

Mid-Bay Bridge Authority, FL, 2015A-B Revenue Refunding Bonds Rated 'BBB+'; 2015C Bonds Rated 'BBB' – 2015/04/17 – US$ 150.00

Summary: Mid-Bay Bridge Authority, Florida; Toll Roads Bridges – 2015/04/22 – US$ 225.00

Outlook On Mid Bay Bridge Authority, FL's Senior-Lien Revenue Bonds Revised To Stable On Clearer Capital Plan – 2011/01/13 – US$ 150.00

Summary: Mid-Bay Bridge Authority, Florida; Toll Roads Bridges – 2011/01/13 – US$ 225.00

Mid-Bay Bridge Authority, FL, Revenue Bond Rating Lowered To 'BBB+' From 'A-' On Weakened Financial Performance – 2010/04/20 – US$ 150.00

Mid-Bay Bridge Authority, Florida; Toll Roads Bridges – 2010/04/20 – US$ 500.00

Summary: Mid-Bay Bridge Authority, Florida; Toll Roads Bridges – 2010/04/20 – US$ 225.00

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MLA:	S&P Global Ratings’ Credit Research. "Mid-Bay Bridge Authority, Florida; Toll Roads Bridges" Jan 13, 2011. Alacra Store. May 10, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Mid-Bay-Bridge-Authority-Florida-Toll-Roads-Bridges-843107>

APA:	S&P Global Ratings’ Credit Research. (). Mid-Bay Bridge Authority, Florida; Toll Roads Bridges Jan 13, 2011. New York, NY: Alacra Store. Retrieved May 10, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Mid-Bay-Bridge-Authority-Florida-Toll-Roads-Bridges-843107>

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