NMDOT Rating Agency Reports & Letters


 

NM Department of Transportation (GRIP) Ratings

Standard & Poor’s:

GRIP Senior Lien – Bonds: 2014B Report – 11/21/14 AAA / Stable
GRIP Senior Lien – Bonds: 2014B Letter – 11/20/14 AAA / Stable
GRIP Sub Lien – Bonds: 2014B Report – 11/21/14 AA / Stable
GRIP Sub Lien – Bonds: 2014B Letter – 11/20/14 AA / Stable
GRIP Sub Lien – Bonds: 2014A Report – 01/29/14 AA / Stable
GRIP Senior Lien – Bonds: 2012 Report – 11/14/12 AAA / Stable / Upgrade
GRIP Sub Lien – LOC: 2008AB Report – 03/01/11 A+ / A-1
GRIP Sub Lien – LOC: 2008AB Letter – 01/28/11 A+ / A-1
GRIP Senior Lien – Bonds: 2010B Letter – 09/16/10 AA+ / Stable
GRIP Senior Lien – Bonds: 2010B Report – 09/16/10 AA+ / Stable
GRIP Sub Lien – LOC: 2008A1B1 Rationale – 09/08/10 AA- / A-1+
GRIP Sub Lien – LOC: 2008A-1 Letter – 09/03/10 AA- / A-1+
GRIP Sub Lien – LOC: 2008B-1 Letter – 09/03/10 AA- / A-1+
GRIP Senior & Sub Lien – Bonds: 2010A Report – 08/18/10 AA+ / Stable & AA / Stable
GRIP Senior Lien – Bonds: 2010A Letter – 08/17/10 AA+ / Stable
GRIP Sub Lien – Bonds: 2010A Letter – 08/17/10 AA / Stable
GRIP Sub Lien – LOC: 2008CD Letter – 07/26/10 AAA / A-1+ / Upgrade
GRIP Sub Lien – Bonds: 2008CD Report – 08/02/10 AAA / A-1+ / Upgrade
GRIP Sub Lien – LOC: 2008AB Letter – 06/22/10 A+ / A-1
GRIP Sub Lien – Bonds: 2008AB Report – 07/09/10 A+ / A-1
GRIP Senior Lien – Bonds: 2009A Report – 10/13/09 AA+ / Stable

Moody’s:

GRIP Senior Lien – Bonds: 2014B Report – 11/20/14 Aa1 / Stable
GRIP Sub Lien – Bonds: 2014B Report – 11/20/14 Aa2 / Stable
GRIP Senior & Sub Lien – Bonds: 2014B Letter – 11/20/14 Aa1 / Aa2 Both Stable
GRIP Sub Lien – Bonds: 2014A Report – 02/04/14 Aa2
GRIP Senior Lien – Bonds: 2012 Report – 11/14/12 Aa1
GRIP Senior Lien – Bonds: 2010B Report – 09/20/10 Aa1
GRIP Senior Lien – Bonds: 2010A Report – 08/20/10 Aa1
GRIP Sub Lien – Bonds: 2010A Report – 08/20/10 Aa2
GRIP Sub Lien – LOC: 2008C Letter – 07/22/10 Aaa / VMIG 1 / Upgrade
GRIP Sub Lien – LOC: 2008D Letter – 07/22/10 Aaa / VMIG 1 / Upgrade
GRIP Sub Lien – LOC: 2008AB Letter – 06/22/10 Aaa / VMIG 1 / Upgrade
GRIP Senior Lien – Bonds: 2009A Report – 10/15/09 Aa2

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