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Build America Bond Savings Fall as San Diego Water Plans Deal

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01/19/10 Jan. 20 (Bloomberg) -- Build America Bonds are providing less average savings over benchmark tax-exempt borrowing costs than they were three months ago, prompting at least two public issuers to forgo taxable offerings.
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    Fitch Rates South Carolina Public Service Authority's (Santee Cooper) BABs, 2010 Sr C Bonds 'AA'

    12/02/10 NEW YORK--(BUSINESS WIRE)--Fitch Ratings assigns a 'AA' rating to following South Carolina Public Service Authority (Santee Cooper) revenue bond obligation: --$300 million (Federally Taxable - Direct Subsidy Build America Bonds (BABs)), 2010 series C 'AA'. The 2010 series C proceeds will finance Santee Cooper's share of the cost associated with the construction of the V.C. Summer nuclear unit #2 ...
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    Fitch Affirms American Municipal Power's Meldahl Hydroelectric Project Ser 2010E Bonds 'A'

    05/03/11 NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed its 'A' rating on the remarketing of the following bonds: --$355.035 million American Municipal Power Inc (AMP) Meldahl Hydroelectric project revenue bonds, series 2010E (Taxable - issuer subsidy - Build America Bonds [BABs]). The series 2010E BABs were issued on Dec. 20, 2010 and are scheduled to be remarketed to a long-term rate on May 23 ...
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    Fitch Affirms South Valley Sewer District, UT Rev Bonds at 'AA'; Outlook Stable

    06/09/11 SAN FRANCISCO--(BUSINESS WIRE)--Fitch Ratings affirms the following rating on the South Valley Sewer District's (the district) bonds as part of its continuous surveillance effort: --$89 million sewer revenue bonds, series 2005, 2008, 2009A at 'AA'; --$35 million taxable sewer revenue bonds, series 2009B (Build America Bonds) at 'AA'. The Rating Outlook is Stable. RATING RATIONALE: --The South ...
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