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Prospect News home > News index > List of issuers L > Headlines for Lower Colorado River Authority > News item |
S&P rates Lower Colorado River, Texas, bonds A
Standard & Poor's said it assigned an A standard long-term rating and stable outlook to the Lower Colorado River Authority, Texas' $210 million of series 2008 refunding revenue bonds.
S&P said it assigned the same rating to $160 million of transmission contract refunding revenue bonds from the authority's obligated affiliate Transmission Services Corp.
At the same time, S&P said it affirmed the A standard long-term ratings and underlying ratings on the authority's and Transmission Services' outstanding revenue debt.
The outlook is stable.
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