Colorado Housing&Finance Authority 2002B-3, 2002C-3, 2005A-2, And 2005B-2 Bond Ratings Placed On Watch Negative - S&P Global Ratings’ Credit Research

Colorado Housing&Finance Authority 2002B-3, 2002C-3, 2005A-2, And 2005B-2 Bond Ratings Placed On Watch Negative

Colorado Housing&Finance Authority 2002B-3, 2002C-3, 2005A-2, And 2005B-2 Bond Ratings Placed On Watch Negative - S&P Global Ratings’ Credit Research
Colorado Housing&Finance Authority 2002B-3, 2002C-3, 2005A-2, And 2005B-2 Bond Ratings Placed On Watch Negative
Published Mar 12, 2015
3 pages (1010 words) — Published Mar 12, 2015
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

NEW YORK (Standard&Poor's) March 12, 2015--Standard&Poor's Ratings Services placed its 'AAA/A-1' dual rating on Colorado Housing&Finance Authority's series 2002B-3, 2002C-3, 2005A-2, and 2005B-2 adjustable-rate bonds on CreditWatch with negative implications, due to potential impacts on the short-term component of the dual rating. This action follows Standard&Poor's Feb. 3, 2015, placement of its ratings on Barclays Bank PLC, the liquidity facility provider for the above-mentioned bonds, on CreditWatch with negative implications. The 'AAA/A-1' dual rating is subsequently on CreditWatch negative, since the 'A-1' short-term component of the rating is based on the short-term rating on the liquidity provider, Barclays Bank PLC. For additional information, see, "S&P Takes Various Rating Actions On Certain U.K.,

  
Brief Excerpt:

...NEW YORK (Standard & Poor's) March 12, 2015--Standard & Poor's Ratings Services placed its '###/A-1' dual rating on Colorado Housing & Finance Authority's series 2002B-3, 2002C-3, 2005A-2, and 2005B-2 adjustable-rate bonds on CreditWatch with negative implications, due to potential impacts on the short-term component of the dual rating. This action follows Standard & Poor's Feb. 3, 2015, placement of its ratings on Barclays Bank PLC, the liquidity facility provider for the above-mentioned bonds, on CreditWatch with negative implications. The '###/A-1' dual rating is subsequently on CreditWatch negative, since the 'A-1' short-term component of the rating is based on the short-term rating on the liquidity provider, Barclays Bank PLC. For additional information, see, "S&P Takes Various Rating Actions On Certain U.K., German, Austrian, And Swiss Banks Following Government Support Review", published Feb. 3, 2015, on RatingsDirect. The '###' long-term component of the rating reflects Standard...

  
Report Type:

Ratings Action

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Global Issuers, Public Finance
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MLA:
S&P Global Ratings’ Credit Research. "Colorado Housing&Finance Authority 2002B-3, 2002C-3, 2005A-2, And 2005B-2 Bond Ratings Placed On Watch Negative" Mar 12, 2015. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Colorado-Housing-Finance-Authority-2002B-3-2002C-3-2005A-2-And-2005B-2-Bond-Ratings-Placed-On-Watch-Negative-1389523>
  
APA:
S&P Global Ratings’ Credit Research. (). Colorado Housing&Finance Authority 2002B-3, 2002C-3, 2005A-2, And 2005B-2 Bond Ratings Placed On Watch Negative Mar 12, 2015. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Colorado-Housing-Finance-Authority-2002B-3-2002C-3-2005A-2-And-2005B-2-Bond-Ratings-Placed-On-Watch-Negative-1389523>
  
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