Naperville,IL Rev Rfdg Bnds Rated AA By S&P - S&P Global Ratings’ Credit Research

Naperville,IL Rev Rfdg Bnds Rated AA By S&P

Naperville,IL Rev Rfdg Bnds Rated AA By S&P - S&P Global Ratings’ Credit Research
Naperville,IL Rev Rfdg Bnds Rated AA By S&P
Published Feb 27, 1998
Published Feb 27, 1998
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Abstract:

NY -- Standard&Poor's CreditWire 2/27/98 -- Standard&Poor's today assigned its double-`A' rating to Naperville, Ill.'s electric revenue refunding bonds series 1998 dated March 1, 1998 due May 1, 2016. Additionally, Standard&Poor's affirmed its double-`A' rating on the city's outstanding electric revenue bonds. The outlook is stable. The reflects the following strengths: -- A business profile of '3' reflecting favorable wholesale rates from Commonwealth Edison Company (ComEd), -- Absence of customer concentration and a limited number of customers with attractive load factors, -- Breadth of the service area economy, and -- Strong debt service coverage and liquidity. Naperville's business profile reflects favorable wholesale rates supplied under an all-requirements fixed-price contract with ComEd that expires in

  
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Global Issuers, Public Finance
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MLA:
S&P Global Ratings’ Credit Research. "Naperville,IL Rev Rfdg Bnds Rated AA By S&P" Feb 27, 1998. Alacra Store. May 16, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Naperville-IL-Rev-Rfdg-Bnds-Rated-AA-By-S-P-27856>
  
APA:
S&P Global Ratings’ Credit Research. (). Naperville,IL Rev Rfdg Bnds Rated AA By S&P Feb 27, 1998. New York, NY: Alacra Store. Retrieved May 16, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Naperville-IL-Rev-Rfdg-Bnds-Rated-AA-By-S-P-27856>
  
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