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Tacoma, WA's Solid Waste Utility Debt SPUR Raised To 'AA' On Good Financial Performance

Published Aug 12, 2008

531 words — Published Aug 12, 2008

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Abstract:

SAN FRANCISCO (Standard&Poor's) Aug. 12, 2008-- Standard&Poor's Ratings Services raised its rating and underlying rating (SPUR) to 'AA' from 'AA-' on Tacoma, Wash.'s series outstanding solid waste utility debt. In addition, Standard&Poor's assigned its 'AA' rating to the utility's series 2008 solid waste utility revenue refunding bonds. The outlook is stable. "The raised rating reflects regular rate adjustments that have translated into good financial performance in the context of a long-term contract for waste disposal," said Standard&Poor's credit analyst Chris Morgan. "Additionally, it reflects a local service area economy that is part of the large and diverse Seattle regional economy, the exclusive right to provide solid waste collections within the city, and

Brief Excerpt:

RESEARCH Tacoma, WA's Solid Waste Utility Debt SPUR Raised To '##' On Good Financial Performance Publication date: 12-Aug-2008 Primary Credit Analyst: Chris Morgan, San Francisco (1) 415-371-5032; chris_morgan@standardandpoors.com...

Report Type:

Ratings Action

Issuer

Tacoma

Sector

Global Issuers, Public Finance

Country

United States

Region

United States

Format:

HTML

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MLA:	S&P Global Ratings’ Credit Research. "Tacoma, WA's Solid Waste Utility Debt SPUR Raised To 'AA' On Good Financial Performance" Aug 12, 2008. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Tacoma-WA-s-Solid-Waste-Utility-Debt-SPUR-Raised-To-AA-On-Good-Financial-Performance-664779>

APA:	S&P Global Ratings’ Credit Research. (). Tacoma, WA's Solid Waste Utility Debt SPUR Raised To 'AA' On Good Financial Performance Aug 12, 2008. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Tacoma-WA-s-Solid-Waste-Utility-Debt-SPUR-Raised-To-AA-On-Good-Financial-Performance-664779>

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