Summary: Southern California Public Power Authority; Wholesale Electric - S&P Global Ratings’ Credit Research

Summary: Southern California Public Power Authority; Wholesale Electric

Summary: Southern California Public Power Authority; Wholesale Electric - S&P Global Ratings’ Credit Research
Summary: Southern California Public Power Authority; Wholesale Electric
Published Dec 29, 2008
3 pages (914 words) — Published Dec 29, 2008
Price US$ 225.00  |  Buy this Report Now

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Abstract:

Standard&Poor's Ratings Services lowered its rating on Southern California Public Power Authority's (Magnolia Power Project A) series 2007-1 variable-rate demand bonds (MBIA) to 'AA/A-1' from 'AA/A-1+'. This action follows Standard&Poor's Nov. 25, 2008, downgrade of KBC Bank N.V. to 'A+/A-1' from 'AA-/A-1+'.

  
Brief Excerpt:

...Standard & Poor's Ratings Services lowered its rating on Southern California Public Power Authority's (Magnolia Power Project A) series 2007-1 variable-rate demand bonds (MBIA) to '##/A-1' from '##/A-1+'. This action follows Standard & Poor's Nov. 25, 2008, downgrade of KBC Bank N.V. to 'A+/A-1' from '##-/A-1+'. Complete ratings information is available to subscribers of RatingsDirect, the real-time Web-based source for Standard & Poor's credit ratings, research, and risk analysis, at www.ratingsdirect.com. All ratings affected by this rating action can be found on Standard & Poor's public Web site at www.standardandpoors.com; under Credit Ratings in the left navigation bar, select Find a Rating, then Credit Ratings Search....

  
Report Type:

Summary

Issuer
Southern California Pub Pwr Auth
Sector
Global Issuers, Public Finance
Country
United States
Region
United States
Format:
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Southern California Public Power Authority; Wholesale Electric" Dec 29, 2008. Alacra Store. May 24, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Southern-California-Public-Power-Authority-Wholesale-Electric-693513>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Southern California Public Power Authority; Wholesale Electric Dec 29, 2008. New York, NY: Alacra Store. Retrieved May 24, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Southern-California-Public-Power-Authority-Wholesale-Electric-693513>
  
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