Oklahoma Development Finance Authority   Oklahoma; Appropriations; General Obligation - S&P Global Ratings’ Credit Research

Oklahoma Development Finance Authority Oklahoma; Appropriations; General Obligation

Oklahoma Development Finance Authority   Oklahoma; Appropriations; General Obligation - S&P Global Ratings’ Credit Research
Oklahoma Development Finance Authority Oklahoma; Appropriations; General Obligation
Published Sep 22, 2020
17 pages (8287 words) — Published Sep 22, 2020
Price US$ 500.00  |  Buy this Report Now

About This Report

  
Abstract:

S&P Global Ratings assigned its 'AA-' long-term rating the Oklahoma Development Finance Authority's approximately $3.49 million master real property lease revenue refunding bonds, series 2020C (tax-exempt) and $41.3 million master real property lease revenue refunding bonds, series 2020D (federally taxable). At the same time, S&P Global Ratings affirmed its 'AA' long-term rating on Oklahoma's general creditworthiness and its 'AA-' long-term rating on the state's outstanding lease appropriation-backed debt, issued for Oklahoma by the Oklahoma Capitol Improvement Authority (OCIA) and ODFA. The outlook on all long-term ratings is negative. Lease-rental payments by the State Regents of the Oklahoma State System of Higher Education to ODFA, pursuant to a master real property lease purchase agreement between Oklahoma State System of Higher Education

  
Brief Excerpt:

...S&P Global Ratings assigned its '##-' long-term rating the Oklahoma Development Finance Authority's approximately $3.49 million master real property lease revenue refunding bonds, series 2020C (tax-exempt) and $41.3 million master real property lease revenue refunding bonds, series 2020D (federally taxable). At the same time, S&P Global Ratings affirmed its '##' long-term rating on Oklahoma's general creditworthiness and its '##-' long-term rating on the state's outstanding lease appropriation-backed debt, issued for Oklahoma by the Oklahoma Capitol Improvement Authority (OCIA) and ODFA. The outlook on all long-term ratings is negative....

  
Report Type:

Full Report

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Sector
Global Issuers, Public Finance, Structured Finance
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Region
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Oklahoma Development Finance Authority Oklahoma; Appropriations; General Obligation" Sep 22, 2020. Alacra Store. May 19, 2024. <http://www.alacrastore.com/s-and-p-credit-research/Oklahoma-Development-Finance-Authority-Oklahoma-Appropriations-General-Obligation-2518751>
  
APA:
S&P Global Ratings’ Credit Research. (). Oklahoma Development Finance Authority Oklahoma; Appropriations; General Obligation Sep 22, 2020. New York, NY: Alacra Store. Retrieved May 19, 2024 from <http://www.alacrastore.com/s-and-p-credit-research/Oklahoma-Development-Finance-Authority-Oklahoma-Appropriations-General-Obligation-2518751>
  
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