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Article: S&P Affirms South Australia's AA Rating.
- Article from:
- Business Wire
- Article date:
- August 18, 1997
CopyrightCOPYRIGHT 1997 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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MELBOURNE, Australia--(BUSINESS WIRE)--S&P's CreditWire 8/19/97-- Standard & Poor's today has affirmed its double-'A' long-term and 'A-1'-plus short-term local currency ratings on the State of South Australia.
The local currency outlook is stable. Also affirmed are the double-'A/A-1'-plus local currency ratings on the South Australian Financing Authority, South Australian Asset Management Corp., Local Government Financing Authority of South Australia, and South Australian Finance Trust Ltd.
At the same time, Standard & Poor's has affirmed its double-'A' long-term and 'A-1'-plus short-term foreign currency ratings on the State of South Australia, ...