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BRIEF-S&P says U.S. Virgin Islands Water & Power Authority revenue bonds' credit quality to likely deteriorate after Irma‍​
September 8, 2017 / 7:25 PM / 11 days ago

BRIEF-S&P says U.S. Virgin Islands Water & Power Authority revenue bonds' credit quality to likely deteriorate after Irma‍​

Sept 8 (Reuters) - S&P

* S&P says U.S. Virgin Islands Water & Power Authority revenue bonds’ credit quality will likely deteriorate after Irma‍​

* ‍S&P on U.S. Virgin Islands says rate the senior-lien bonds ‘bb+', and the subordinate-lien bonds ‘BB-', both with a negative outlook ​

* ‍S&P says any operational issues, temporary reductions in sales volume, and capital costs to repair damage will likely impair WAPA's credit quality​ Source text : [ID:bit.ly/2vU4uRx]

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