George K. Baum&Co. Two Receipt Ratings Raised To 'AAA/A-1', 'AAA' - S&P Global Ratings’ Credit Research

George K. Baum&Co. Two Receipt Ratings Raised To 'AAA/A-1', 'AAA'

George K. Baum&Co. Two Receipt Ratings Raised To 'AAA/A-1', 'AAA' - S&P Global Ratings’ Credit Research
George K. Baum&Co. Two Receipt Ratings Raised To 'AAA/A-1', 'AAA'
Published Mar 22, 2019
3 pages (1246 words) — Published Mar 22, 2019
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

NEW YORK (S&P Global Ratings) March 22, 2019--S&P Global Ratings raised its ratings on two tender-option bond trust receipts for George K. Baum&Co., related to various underlying bonds, to 'AAA/A-1' and 'AAA' from 'AA/A-1' and 'AA', respectively. This rating action follows S&P Global Ratings' raising its rating on the underlying bonds. (Please see the article, titled "San Francisco City and County GO And Appropriation Obligation Ratings Raised One Notch On Budgeting Approach," published Feb. 5, 2019, on RatingsDirect.) The long-term component of the ratings on the floaters and the rating on the residuals reflect the rating on the underlying bonds and S&P Global Ratings' expectation of the likelihood of bondholders receiving interest and principal payments when due if

  
Brief Excerpt:

...Primary Credit Analyst: Alexander J Gombach, New York (1) 212-438-2882; alexander.gombach@spglobal.com Secondary Contact: Joseph J Mckeever, New York + 1 (212) 438 2260; joseph.mckeever@spglobal.com...

  
Report Type:

Ratings Action

Issuer
Higher Education Student Assistance Authority
Sector
Global Issuers, Public Finance, Structured Finance
Country
United States
Region
United States
Format:
PDF Adobe Acrobat
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "George K. Baum&Co. Two Receipt Ratings Raised To 'AAA/A-1', 'AAA'" Mar 22, 2019. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/George-K-Baum-Co-Two-Receipt-Ratings-Raised-To-AAA-A-1-AAA-2184887>
  
APA:
S&P Global Ratings’ Credit Research. (). George K. Baum&Co. Two Receipt Ratings Raised To 'AAA/A-1', 'AAA' Mar 22, 2019. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/George-K-Baum-Co-Two-Receipt-Ratings-Raised-To-AAA-A-1-AAA-2184887>
  
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