Summary: Trinity River Auth, TX; Revenue - Utility, Water/Sewer - S&P Global Ratings’ Credit Research

Summary: Trinity River Auth, TX; Revenue - Utility, Water/Sewer

Summary: Trinity River Auth, TX; Revenue - Utility, Water/Sewer - S&P Global Ratings’ Credit Research
Summary: Trinity River Auth, TX; Revenue - Utility, Water/Sewer
Published Nov 06, 1995
344 words — Published Nov 06, 1995
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

The rating downgrade on Trinity River Authority, Texas's bonds based on the Summit Regional Water Storage Project reflects the Cedar Hill Water and Sewer downgrade on March 2, 1995 from 'A-' negative outlook to 'BBB+' stable outlook. The authority's bonds are secured by operation and maintenance payments of the water and sewer systems of Cedar Hill (BBB+/Stable) and Duncanville (A+/Stable). The Cedar Hill rating is the cap on this rating do to the fixed percentage contract which has no step-up provision. OUTLOOK The outlook reflects that of Cedar Hill.

  
Brief Excerpt:

RESEARCH Summary: Trinity River Auth, TX; Revenue - Utility, Water/Sewer Publication date: 06-Nov-1995 Credit Profile AFFIRMED $100,000 Trinity River Auth (Summit Reg Wtr Storage Proj) Ser 86 Due 08/01/1996 ###+ OUTLOOK: STABLE RATIONALE...

  
Report Type:

Summary

Ticker
7792Z
Issuer
Trinity River 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: Trinity River Auth, TX; Revenue - Utility, Water/Sewer" Nov 06, 1995. Alacra Store. May 19, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Trinity-River-Auth-TX-Revenue-Utility-Water-Sewer-62989>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Trinity River Auth, TX; Revenue - Utility, Water/Sewer Nov 06, 1995. New York, NY: Alacra Store. Retrieved May 19, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Trinity-River-Auth-TX-Revenue-Utility-Water-Sewer-62989>
  
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