Mason Harrison Ratliff Enterprises LLC $6.740 Million Notes Series 2018 Assigned 'AA+/A-1+' Rating - S&P Global Ratings’ Credit Research

Mason Harrison Ratliff Enterprises LLC $6.740 Million Notes Series 2018 Assigned 'AA+/A-1+' Rating

Mason Harrison Ratliff Enterprises LLC $6.740 Million Notes Series 2018 Assigned 'AA+/A-1+' Rating - S&P Global Ratings’ Credit Research
Mason Harrison Ratliff Enterprises LLC $6.740 Million Notes Series 2018 Assigned 'AA+/A-1+' Rating
Published Jul 12, 2018
Published Jul 12, 2018
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Abstract:

CHICAGO (S&P Global Ratings) July 12, 2018--S&P Global Ratings today assigned its 'AA+/A-1+' rating to Mason Harrison Ratliff Enterprises LLC's $6.740 million taxable variable-rate notes series 2018 due July 1, 2048 (see list). The 'AA+/A-1+' rating on the notes reflects the higher of our ratings on the Federal Home Loan Bank of Dallas (FHLB Dallas; AA+/Stable/A-1+), the confirming letter of credit (CLOC) provider, and Green Bank N.A. (not rated), the fronting LOC (FLOC) provider, during the weekly interest rate mode ("the rated mode"). The 'AA+' long-term component of our rating reflects the higher of our long-term issuer credit ratings on FHLB Dallas and Green Bank, and addresses our expectation for full and timely interest and principal payments when the noteholders

  
Report Type:

Ratings Action

Ticker
1191704D
Issuer
Mason Harrison Ratliff Enterprises, LLC
Sector
Global Issuers
Country
Region
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MLA:
S&P Global Ratings’ Credit Research. "Mason Harrison Ratliff Enterprises LLC $6.740 Million Notes Series 2018 Assigned 'AA+/A-1+' Rating" Jul 12, 2018. Alacra Store. Jul 20, 2018. <http://www.alacrastore.com/s-and-p-credit-research/Mason-Harrison-Ratliff-Enterprises-LLC-6-740-Million-Notes-Series-2018-Assigned-AA-A-1-Rating-2070995>
  
APA:
S&P Global Ratings’ Credit Research. (). Mason Harrison Ratliff Enterprises LLC $6.740 Million Notes Series 2018 Assigned 'AA+/A-1+' Rating Jul 12, 2018. New York, NY: Alacra Store. Retrieved Jul 20, 2018 from <http://www.alacrastore.com/s-and-p-credit-research/Mason-Harrison-Ratliff-Enterprises-LLC-6-740-Million-Notes-Series-2018-Assigned-AA-A-1-Rating-2070995>
  
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