Summary: Colorado Water Resource&Power Development Authority; State Revolving Funds/Pools; Water/Sewer - S&P Global Ratings’ Credit Research

Summary: Colorado Water Resource&Power Development Authority; State Revolving Funds/Pools; Water/Sewer

Summary: Colorado Water Resource&Power Development Authority; State Revolving Funds/Pools; Water/Sewer - S&P Global Ratings’ Credit Research
Summary: Colorado Water Resource&Power Development Authority; State Revolving Funds/Pools; Water/Sewer
Published Mar 03, 2011
1771 words — Published Mar 03, 2011
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Abstract:

Standard&Poor's Ratings Services has assigned its 'AAA' long-term rating to Colorado Water Resource and Power Development Authority's series 2011A drinking water revenue bonds and affirmed its 'AAA' long-term rating and underlying rating (SPUR) on the authority's previously issued senior-lien bonds. Standard&Poor's also affirmed its 'AA+' long-term rating and SPUR on the authority's previously issued subordinate-lien bonds. The 'AAA' ratings reflect what we consider the state revolving fund program's ability to meet Standard&Poor's default tolerance criteria for an 'AAA' rated program based on cash flow tests for the authority's combined drinking water and clean water programs. Senior-lien bonds have been issued in the past to make new loans, while subordinate-lien bonds have been issued to

  
Brief Excerpt:

RESEARCH Summary: Colorado Water Resource & Power Development Authority; State Revolving Funds/Pools; Water/Sewer Publication date: 03-Mar-2011 Primary Credit Analyst: Scott D Garrigan, Chicago (1) 312-233-7014; scott_garrigan@standardandpoors.com...

  
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Summary

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Global Issuers, Public Finance
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Colorado Water Resource&Power Development Authority; State Revolving Funds/Pools; Water/Sewer" Mar 03, 2011. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Colorado-Water-Resource-Power-Development-Authority-State-Revolving-Funds-Pools-Water-Sewer-852006>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Colorado Water Resource&Power Development Authority; State Revolving Funds/Pools; Water/Sewer Mar 03, 2011. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Colorado-Water-Resource-Power-Development-Authority-State-Revolving-Funds-Pools-Water-Sewer-852006>
  
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