'AAA' Rating Assigned To Iowa Finance Authority's Nearly $182.3 Million State Revolving Fund Revenue Bonds - S&P Global Ratings’ Credit Research

'AAA' Rating Assigned To Iowa Finance Authority's Nearly $182.3 Million State Revolving Fund Revenue Bonds

'AAA' Rating Assigned To Iowa Finance Authority's Nearly $182.3 Million State Revolving Fund Revenue Bonds - S&P Global Ratings’ Credit Research
'AAA' Rating Assigned To Iowa Finance Authority's Nearly $182.3 Million State Revolving Fund Revenue Bonds
Published Nov 29, 2011
Published Nov 29, 2011
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

CHICAGO (Standard&Poor's) Nov. 29, 2011-- Standard&Poor's Ratings Services assigned its 'AAA' long-term rating to Iowa Finance Authority's nearly $182.3 million series 2011 state revolving fund (SRF) revenue bonds. At the same time, Standard&Poor's affirmed its 'AAA' long-term rating on the authority's outstanding revolving fund bonds. The outlook on all ratings is stable. "The 'AAA' rating reflects our view of the authority's large and diverse loan portfolio paired with a very competent management team with a proven track record of managing it," said Standard&Poor's credit analyst Scott Garrigan. "Further supporting the rating is the program's sufficient reserve levels, which meet our state-revolving fund criteria for 'AAA' rated programs," Mr. Garrigan added. Management indicates

  
Report Type:

Ratings Action

Issuer
Iowa Finance Authority
Sector
Global Issuers, Public Finance
Country
United States
Region
United States
Format:
PDF Adobe Acrobat
Buy Now

More from S&P Global Ratings’ Credit Research

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "'AAA' Rating Assigned To Iowa Finance Authority's Nearly $182.3 Million State Revolving Fund Revenue Bonds" Nov 29, 2011. Alacra Store. May 25, 2025. <http://www.alacrastore.com/s-and-p-credit-research/AAA-Rating-Assigned-To-Iowa-Finance-Authority-s-Nearly-182-3-Million-State-Revolving-Fund-Revenue-Bonds-917637>
  
APA:
S&P Global Ratings’ Credit Research. (). 'AAA' Rating Assigned To Iowa Finance Authority's Nearly $182.3 Million State Revolving Fund Revenue Bonds Nov 29, 2011. New York, NY: Alacra Store. Retrieved May 25, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/AAA-Rating-Assigned-To-Iowa-Finance-Authority-s-Nearly-182-3-Million-State-Revolving-Fund-Revenue-Bonds-917637>
  
US$ 150.00
$  £  €
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.