| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers C > Headlines for Chelan County Public Utility District No. 1 > News item |
S&P rates Chelan County, Wash., utilities bonds AA/A-1+
Standard & Poor's said it assigned an AA long-term rating, A-1+ short-term rating and stable outlook to Chelan County Public Utilities District No. 1, Wash.'s $93.75 million of series 2008B consolidated system revenue bonds (subordinate lien).
The short-term rating is based on a standby bond purchase agreement provided by U.S. Bank NA, which is rated AA+/A-1+.
At the same time, S&P said it affirmed the AA long-term and underlying ratings with stable outlook on Chelan's existing bonds.
The outlook is stable.
The series 2008B bonds are being sold in variable-rate mode, while a separate issue, series 2008A, will be sold as fixed-rate bonds.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.