Tag: project bond rating

S&P Global Ratings’ BBB+ rating for Essex University accommodation bond issuance covered by specialist press

  S&P Global Ratings has assigned its ‘BBB+’ Standard and Poor’s underlying rating (SPUR) Rating to ULiving@Essex2’s £60.6 million secured bond issuance. The funds will finance the construction of a new halls of residence project at the University of Essex. In addition, S&P Global Ratings has issued its ‘AA’ long term rating to the issuance. …

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New S&P rating on Spanish solar project bonds picked up by the infrastructure and energy press

S&P Global has issued a long-term rating of ‘BBB’, with ‘stable’ outlook, on three bonds issued by limited-purpose entity, Vela Energy Finance S.A, for solar power development in Spain. The proceeds of the bonds – €404.4 million in total, with a maturity in 2036 – will be used to refinance 42 photovoltaic (PV) parks in …

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