Bank of America LOC-Backed Issues Raised To 'AA' - S&P Global Ratings’ Credit Research

Bank of America LOC-Backed Issues Raised To 'AA'

Bank of America LOC-Backed Issues Raised To 'AA' - S&P Global Ratings’ Credit Research
Bank of America LOC-Backed Issues Raised To 'AA'
Published Feb 22, 2005
395 words — Published Feb 22, 2005
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Abstract:

NEW YORK (Standard&Poor's) Feb. 22, 2005--Standard&Poor's Ratings Services raised its ratings on six Bank of America N.A. letter of credit-backed issues to 'AA' from 'AA-' (see list below). This action follows Standard&Poor's Feb. 1, 2005, upgrade of Bank of America to 'AA/A-1+' from 'AA-/A-1+'. The ratings are based on the letters of credit provided by Bank of America. Issue Description Albuquerque str imp wtr&swr (Spl Assess Dist No. 223) subser A-D Collier Cnty Indl Dev Auth (NCH Healthcare System Inc) adj rate hlthcare fac rev bnds (Naples Comnty Hosp Inc Proj) ser 2004 Confederated Tribes of the Grand Ronde Comnty full faith&credit bnds Confederated Tribes of the Umatilla Indian Reservation

  
Brief Excerpt:

RESEARCH Bank of America LOC-Backed Issues Raised To '##' Publication date: 22-Feb-2005 NEW YORK (Standard & Poor's) Feb. 22, 2005--Standard & Poor's Ratings Services raised its ratings on six Bank of America N.A. letter of credit-backed...

  
Report Type:

Ratings Action

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Global Issuers, Public Finance
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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.

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MLA:
S&P Global Ratings’ Credit Research. "Bank of America LOC-Backed Issues Raised To 'AA'" Feb 22, 2005. Alacra Store. May 06, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Bank-of-America-LOC-Backed-Issues-Raised-To-AA-424348>
  
APA:
S&P Global Ratings’ Credit Research. (). Bank of America LOC-Backed Issues Raised To 'AA' Feb 22, 2005. New York, NY: Alacra Store. Retrieved May 06, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Bank-of-America-LOC-Backed-Issues-Raised-To-AA-424348>
  
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