CUSIP 626207G40
- ISIN: US626207G405
- Entity Name: Municipal Electric Authority of Georgia
- Sector: Sovereign Agency
- Announcement Date: 11-Dec-2018
- Effective Date: 28-Nov-2018
- Issue Date: *****
- Maturity Date: 01-Nov-2022
- Country of Issuer: United States
- Region: N.Amer
- Issue Currency: United States of America Dollars
- CA Type: Rating Downgrade
- News: On November 28, 2018, Fitch Ratings (Fitch) 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 BBB+; (3) in the case of the Combined Cycle Project Revenue Bonds set forth in Schedule I hereto, from A to BBB+; (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 BBB+; 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 Fitch 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 Fitch with respect thereto should be obtained from Fitch.
- Description: Municipal Name: Municipal Electric Authority of Georgia CUSIP: 626207G40 Currency: USD Municipal Electric Authority of Georgia announced today that the Fitch Ratings has downgraded the ratings of the Series 2012A, Combined Cycle Project Revenue Bonds from A to BBB+ on November 28, 2018.
- Bond Document: https://www.bondpdf.com/
- Latest Corporate Actions: https://www.CAalerts.com/credit-corporate-action/ISIN/US626207G405