Maryland Transportation Authority - Fitch Research

Maryland Transportation Authority

Maryland Transportation Authority - Fitch Research
Maryland Transportation Authority
Published Sep 17, 2014
3 pages (2127 words) — Published Sep 17, 2014
Price US$ 400.00  |  Buy this Report Now

About This Report

  
Brief Excerpt:

...Sale Information: $27,565,000 Lease Revenue Bonds (Metrorail Parking Projects), Series 2014, expected to sell competitively on Sept. 24. Security: The bonds are a limited obligation of the Maryland Transportation Authority (MDTA), payable from lease rental revenues made by the Washington Metropolitan Area Transit Authority (WMATA) under facility leases with the MDTA and from certain funds under a trust indenture, including the debt service reserve fund (DSRF). By terms of a deficiency agreement, Prince George's County, MD covenants to restore deficiencies in the DSRF, subject to annual appropriation. Purpose: Proceeds will be used to currently refund the outstanding maturities of the MDTA's lease revenue bonds, metrorail parking projects, series 2004, for level debt service savings. Final Maturity: July 1, 2028....

  
Report Type:

New Issue

Company(ies)
Maryland Transportation Authority , County of Prince Georges
Format:
PDF Adobe Acrobat
Buy Now

Fitch Research—Fitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.

About the Author


Cite this Report

  
MLA:
Fitch Research. "Maryland Transportation Authority" Sep 17, 2014. Alacra Store. May 14, 2025. <http://www.alacrastore.com/fitch-credit-research/Maryland-Transportation-Authority-774108_report_frame>
  
APA:
Fitch Research. (). Maryland Transportation Authority Sep 17, 2014. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/fitch-credit-research/Maryland-Transportation-Authority-774108_report_frame>
  
US$ 400.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Credit Research from one place.