S&P Rates Tuscon Elec Power's $200M Indus Dev Bnds 'B' - S&P Global Ratings’ Credit Research

S&P Rates Tuscon Elec Power's $200M Indus Dev Bnds 'B'

S&P Rates Tuscon Elec Power's $200M Indus Dev Bnds 'B' - S&P Global Ratings’ Credit Research
S&P Rates Tuscon Elec Power's $200M Indus Dev Bnds 'B'
Published Mar 10, 1998
Published Mar 10, 1998
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

NY -- Standard&Poor's CreditWire 3/10/98 -- Standard&Poor's today assigned its single-'B' rating to Tucson Electric Power Co.'s, a wholly-owned unit of unrated UniSource Energy, aggregate $200 million of unsecured debt, issued by the Industrial Development Authority in Apache County, Ariz. The proceeds are expected to refund the aggregate $200 million of pollution control revenue bonds 1981 series A and B. The bonds are issued in three series as follows: -- $83.7 million pollution control revenue bonds 1998 series A, due March 1, 2028; -- $99.8 million pollution control revenue bonds 1998 series B due March 1, 2033; and -- $16.5 million industrial development revenue bonds 1998 series C due March 1, 2026. The company's corporate credit

  
Report Type:

Ratings Action

Ticker
3304Q
Issuer
GICS
Electric Utilities (55101010)
Sector
Global Issuers, Structured Finance
Country
Region
Format:
HTML HTML
Buy Now

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. "S&P Rates Tuscon Elec Power's $200M Indus Dev Bnds 'B'" Mar 10, 1998. Alacra Store. May 18, 2025. <http://www.alacrastore.com/s-and-p-credit-research/S-P-Rates-Tuscon-Elec-Power-s-200M-Indus-Dev-Bnds-B-28064>
  
APA:
S&P Global Ratings’ Credit Research. (). S&P Rates Tuscon Elec Power's $200M Indus Dev Bnds 'B' Mar 10, 1998. New York, NY: Alacra Store. Retrieved May 18, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/S-P-Rates-Tuscon-Elec-Power-s-200M-Indus-Dev-Bnds-B-28064>
  
US$ 150.00
$  £  
Have a Question?

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

More Research

Search all our Residential Mortgage-Backed Securities from one place.