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Moody's assigns an A1 rating to Municipal Electric Authority of Georgia's Combined Cycle Project Revenue Bonds, Series 2020A; Outlook is Stable

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November 6, 2020


The following is a Moody's investor service news release:

New York, November 06, 2020 -- Moody's Investors Service, ("Moody's"), has assigned an A1 rating to the Municipal Electric Authority of Georgia's (MEAG) planned issuance of approximately $84.9 million of Combined Cycle Project Revenue Bonds, Series 2020A. The rating outlook is stable.

The bonds are expected to be issued during November 2020; the amount of bonds issued could change subject to market conditions. The Series 2020A bonds will pari passu with about $107 million of MEAG Combined Cycle Revenue bonds outstanding at October 30, 2020, also rated A1.

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