New York State Environmental Facilities Corp.'s Series 2012D Revenue Bonds Rated 'AAA' - S&P Global Ratings’ Credit Research

New York State Environmental Facilities Corp.'s Series 2012D Revenue Bonds Rated 'AAA'

New York State Environmental Facilities Corp.'s Series 2012D Revenue Bonds Rated 'AAA' - S&P Global Ratings’ Credit Research
New York State Environmental Facilities Corp.'s Series 2012D Revenue Bonds Rated 'AAA'
Published Jun 21, 2012
Published Jun 21, 2012
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

DALLAS (Standard&Poor's) June 21, 2012--Standard&Poor's Ratings Services has assigned its 'AAA' rating to New York State Environmental Facilities Corp.' s (NYSEFC) state clean water and drinking water revolving funds revenue bonds ( New York City Municipal Water Finance Authority (NYCMWFA) projects – second resolution bonds) series 2012D. Standard&Poor's also affirmed its 'AAA' rating on NYSEFC's parity bonds. "The 'AAA' rating reflects our view of the combination of extremely strong enterprise risk and financial risk profile scores," said Standard&Poor's credit analyst James Breeding. The strong scores result from NYSEFC's: Extremely strong market position, Extremely strong loss coverage score, partially offset by the high degree of concentration in the program as a whole, Very

  
Report Type:

Ratings Action

Issuer
Sector
Global Issuers, Public Finance
Country
Region
Format:
PDF Adobe Acrobat
Buy Now

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "New York State Environmental Facilities Corp.'s Series 2012D Revenue Bonds Rated 'AAA'" Jun 21, 2012. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/New-York-State-Environmental-Facilities-Corp-s-Series-2012D-Revenue-Bonds-Rated-AAA-978688>
  
APA:
S&P Global Ratings’ Credit Research. (). New York State Environmental Facilities Corp.'s Series 2012D Revenue Bonds Rated 'AAA' Jun 21, 2012. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/New-York-State-Environmental-Facilities-Corp-s-Series-2012D-Revenue-Bonds-Rated-AAA-978688>
  
US$ 150.00
$  £  €
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Credit Research from one place.