Home Credit Ratings and Research S&P Global Ratings’ Credit Research Mid Bay Br Auth

Outlook On Mid Bay Bridge Authority, FL's Senior-Lien Revenue Bonds Revised To Stable On Clearer Capital Plan

Published Jan 13, 2011

About This Report

Abstract:

NEW YORK (Standard&Poor's) Dec. 23, 2010--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 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 to a level that we

Report Type:

Ratings Action

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

Mid-Bay Bridge Authority, Florida; Toll Roads Bridges – 2011/01/13 – US$ 500.00

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

More from S&P Global Ratings’ Credit Research

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

About the Author

Cite this Report


MLA:	S&P Global Ratings’ Credit Research. "Outlook On Mid Bay Bridge Authority, FL's Senior-Lien Revenue Bonds Revised To Stable On Clearer Capital Plan" Jan 13, 2011. Alacra Store. May 10, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Outlook-On-Mid-Bay-Bridge-Authority-FL-s-Senior-Lien-Revenue-Bonds-Revised-To-Stable-On-Clearer-Capital-Plan-843104>

APA:	S&P Global Ratings’ Credit Research. (). Outlook On Mid Bay Bridge Authority, FL's Senior-Lien Revenue Bonds Revised To Stable On Clearer Capital Plan Jan 13, 2011. New York, NY: Alacra Store. Retrieved May 10, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Outlook-On-Mid-Bay-Bridge-Authority-FL-s-Senior-Lien-Revenue-Bonds-Revised-To-Stable-On-Clearer-Capital-Plan-843104>

US$ 150.00

$ £ €

Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

Example Report

Click to View Sample Report

More Research

Search all our Credit Research from one place.