CUSIP 373541Y39


  • ISIN: US373541Y397
  • Entity Name: Municipal Electric Authority of Georgia
  • Sector: Sovereign Agency
  • Announcement Date: 08-Oct-2018
  • Effective Date: 28-Sep-2018
  • Issue Date: *****
  • Maturity Date: 01-Jan-2027
  • Country of Issuer: United States
  • Region: N.Amer
  • Issue Currency: United States of America Dollars
  • CA Type: Rating Downgrade
  • News: On September 28, 2018, Standard & Poors Global Ratings, a Standard & Poors Financial Services LLC business (S&P) changed its ratings with respect to the Bonds, as follows: (1) in the case of the Power Revenue Bonds and General Power Revenue Bonds set forth in Schedule I hereto, from A+ to A; (2) in the case of the Project One Subordinated Bonds and General Resolution Projects Subordinated Bonds set forth in Schedule I hereto, from A to A-; (3) in the case of the Combined Cycle Project Revenue Bonds set forth in Schedule I hereto, from A to A-; (4) in the case of the Plant Vogtle Units 3&4 Project M Bonds and Plant Vogtle Units 3&4 Project J Bonds set forth in Schedule I hereto, from A+ to A; and (5) in the case of the Plant Vogtle Units 3&4 Project P Bonds set forth in Schedule I hereto, from A- to BBB+. The ratings by S&P referred to above reflect only the views of such organization and any desired explanation of the significance of such ratings or other statements given by S&P with respect thereto should be obtained from S&P.
  • Description: Municipal Name: Municipal Electric Authority of Georgia CUSIP: 373541Y39 Currency: USD Municipal Electric Authority of Georgia announced today that the Standard & Poor`s Rating has downgraded the ratings of the Series 2012, Power Revenue Bonds from A+ to A on September 28, 2018.
  • Bond Document: https://www.bondpdf.com/
  • Latest Corporate Actions: https://www.CAalerts.com/credit-corporate-action/ISIN/US373541Y397

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