District Of Columbia's Series 2011F And 2011G Income-Tax-Secured Revenue Bonds Rated 'AAA' - S&P Global Ratings’ Credit Research

District Of Columbia's Series 2011F And 2011G Income-Tax-Secured Revenue Bonds Rated 'AAA'

District Of Columbia's Series 2011F And 2011G Income-Tax-Secured Revenue Bonds Rated 'AAA' - S&P Global Ratings’ Credit Research
District Of Columbia's Series 2011F And 2011G Income-Tax-Secured Revenue Bonds Rated 'AAA'
Published Dec 01, 2011
Published Dec 01, 2011
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Abstract:

NEW YORK (Standard&Poor's) Dec. 1, 2011--Standard&Poor's Ratings Services has assigned its 'AAA' long-term rating to the District of Columbia's $200 million series 2011F income-tax-secured revenue bonds and $210.47 million series 2011G income-tax-secured revenue bonds. The outlook is stable. At the same time, Standard&Poor's affirmed its 'AAA' ratings on the district's existing parity debt. The ratings reflect Standard&Poor's view of the district's: Strong historical coverage of maximum annual debt service requirements, which is projected to continue as the district issues additional bonds over the next three years; and Strong legal provisions, including a two-pronged additional bonds test. Offsetting rating factors include continuing exposure to roll over risk given the district's intent to roll

  
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Ratings Action

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Global Issuers, Public Finance
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MLA:
S&P Global Ratings’ Credit Research. "District Of Columbia's Series 2011F And 2011G Income-Tax-Secured Revenue Bonds Rated 'AAA'" Dec 01, 2011. Alacra Store. May 15, 2025. <http://www.alacrastore.com/s-and-p-credit-research/District-Of-Columbia-s-Series-2011F-And-2011G-Income-Tax-Secured-Revenue-Bonds-Rated-AAA-918614>
  
APA:
S&P Global Ratings’ Credit Research. (). District Of Columbia's Series 2011F And 2011G Income-Tax-Secured Revenue Bonds Rated 'AAA' Dec 01, 2011. New York, NY: Alacra Store. Retrieved May 15, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/District-Of-Columbia-s-Series-2011F-And-2011G-Income-Tax-Secured-Revenue-Bonds-Rated-AAA-918614>
  
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