Illinois Development Finance Authority; Appropriation, Appropriation - S&P Global Ratings’ Credit Research

Illinois Development Finance Authority; Appropriation, Appropriation

Illinois Development Finance Authority; Appropriation, Appropriation - S&P Global Ratings’ Credit Research
Illinois Development Finance Authority; Appropriation, Appropriation
Published Oct 10, 2002
Published Oct 10, 2002
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Abstract:

Illinois Development Finance Authority's taxable revenue bonds series 2002, rated 'Ap', are special and limited obligations of the authority, payable solely from funds pledged under the indenture of trust. Under the indenture, the authority has assigned its right, title, and interest in the loan agreement and the note to the trustee as security for the bonds. The owner trust will execute and deliver a leasehold mortgage, assignment of leases and rents, security agreement, and fixture filing dated as of Oct. 1, 2002, granting a lien on its leasehold interest in the premises under the enhanced-use lease and a security interest in its rights under the development agreement, the management agreements, and the facilities use agreements to the trustee as security

  
Report Type:

Full Report

Issuer
Sector
Global Issuers, Public Finance, Structured Finance
Country
Region
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MLA:
S&P Global Ratings’ Credit Research. "Illinois Development Finance Authority; Appropriation, Appropriation" Oct 10, 2002. Alacra Store. May 23, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Illinois-Development-Finance-Authority-Appropriation-Appropriation-269556>
  
APA:
S&P Global Ratings’ Credit Research. (). Illinois Development Finance Authority; Appropriation, Appropriation Oct 10, 2002. New York, NY: Alacra Store. Retrieved May 23, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Illinois-Development-Finance-Authority-Appropriation-Appropriation-269556>
  
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