CUSIP 688120GD0


  • ISIN: US688120GD06
  • Entity Name: Village of Osceola
  • Sector: Municipal
  • Announcement Date: *****
  • Effective Date: *****
  • Issue Date: *****
  • Maturity Date: *****
  • Country of Issuer: *****
  • Region: N.Amer
  • Issue Currency: *****
  • CA Type: Rating Downgrade
  • News: The Village of Osceola`s water system (Baa2 stable) is challenged by depleted reserves and limited rate setting authority. The enterprise also has a modestly-sized service area with low resident income levels, and adequate debt service coverage. These credit challenges are balanced against a low debt ratio and the recent 3% rate increase that should modestly improve operations. Positively, the village continues to work with the Public Service Commission (PSC) on future rate increases and maintains solid legal provisions. On June 11, 2018, we downgraded the system`s revenue rating to Baa2 from Baa1. The outlook is stable.
  • Description: *****
  • Bond Document: https://www.bondpdf.com/
  • Latest Corporate Actions: https://www.CAalerts.com/credit-corporate-action/ISIN/US688120GD06

Data Unleashed

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