S&P Global Ratings is withdrawing its 'CC' long-term and underlying ratings, and negative outlook, on Puerto Rico Aqueduct and Sewer Authority’s series 2008A, 2008B, 2012A and 2012B revenue bonds due to a lack of sufficient information.
S&P Global Ratings on Thursday removed its CreditWatch negative placement on Autopistas Metropolitanas de Puerto Rico, LLC and affirmed its 'BBB-' rating on the company’s $435 million senior secured notes due 2035. The outlook is negative.
S&P Global Ratings lowered its ratings on the Puerto Rico Aqueduct & Sewer Authority's series 2008 and 2012 senior-lien revenue bonds two notches to 'CC' from 'CCC-'. The outlook is negative.