Indiana Finance Authority $1.259 Billion Series 2012 Bonds Assigned Short-Term 'A-1+' Rating - S&P Global Ratings’ Credit Research

Indiana Finance Authority $1.259 Billion Series 2012 Bonds Assigned Short-Term 'A-1+' Rating

Indiana Finance Authority $1.259 Billion Series 2012 Bonds Assigned Short-Term 'A-1+' Rating - S&P Global Ratings’ Credit Research
Indiana Finance Authority $1.259 Billion Series 2012 Bonds Assigned Short-Term 'A-1+' Rating
Published Dec 20, 2012
Published Dec 20, 2012
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Abstract:

NEW YORK (Standard&Poor's) Dec. 20, 2012--Standard&Poor's Ratings Services today assigned its short-term 'A-1+' rating to Indiana Finance Authority's (the issuer's) $1.259 billion industrial development revenue bonds series 2012 (for the Midwest Fertilizer Corp. project) due July 1, 2046. The rating is based on our credit opinion of the sufficiency, liquidity, and credit quality of the escrowed collateral supporting the repayment of the bonds when the bonds are in the initial interest rate mode. The collateral primarily comprises time-deposit state and local government series securities issued by the U.S. Treasury. The rating applies to the bonds until the original termination date of July 1, 2013. Changes to our rating on the series 2012 bonds may result from,

  
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Global Issuers, Public Finance
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MLA:
S&P Global Ratings’ Credit Research. "Indiana Finance Authority $1.259 Billion Series 2012 Bonds Assigned Short-Term 'A-1+' Rating" Dec 20, 2012. Alacra Store. May 05, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Indiana-Finance-Authority-1-259-Billion-Series-2012-Bonds-Assigned-Short-Term-A-1-Rating-1053574>
  
APA:
S&P Global Ratings’ Credit Research. (). Indiana Finance Authority $1.259 Billion Series 2012 Bonds Assigned Short-Term 'A-1+' Rating Dec 20, 2012. New York, NY: Alacra Store. Retrieved May 05, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Indiana-Finance-Authority-1-259-Billion-Series-2012-Bonds-Assigned-Short-Term-A-1-Rating-1053574>
  
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