S&P gives AA-/A-1+ to Riesel Industrial, Texas, Sandy Creek bonds

Standard & Poor's said it assigned an AA-/A-1+ rating to Riesel Industrial Development Corp. (Sandy Creek Energy Associates LP), Texas' $50 million of solid waste disposal revenue bonds, series 2008.

The rating is based on an irrevocable letter of credit provided by Credit Suisse, which is rated AA-/A-1+.

The bonds are dated Feb. 1, 2008 and are due on Feb. 1, 2043.

© 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.