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

Oklahoma Oklahoma Development Finance Authority Oklahoma Capitol Improvement Authority; Appropriations; General Obligation

Oklahoma   Oklahoma Development Finance Authority   Oklahoma Capitol Improvement Authority; Appropriations; General Obligation - S&P Global Ratings’ Credit Research
Oklahoma Oklahoma Development Finance Authority Oklahoma Capitol Improvement Authority; Appropriations; General Obligation
Published Apr 13, 2021
23 pages (11828 words) — Published Apr 13, 2021
Price US$ 500.00  |  Buy this Report Now

About This Report

  
Abstract:

S&P Global Ratings has revised its outlook on the state of Oklahoma to stable from negative and affirmed its 'AA' rating on the state's general creditworthiness and its 'AA-' long-term ratings on the state's approximately $2.2 billion of lease appropriation-backed debt, issued for Oklahoma by the Oklahoma Capitol Improvement Authority (OCIA) and Oklahoma Development Finance Authority (ODFA). S&P Global Ratings also assigned its 'AA-' long-term rating to ODFA's $10.68 master real property lease revenue bonds, series 2021A (tax-exempt), and $35.03 million master real property lease revenue bonds, series 2021B (federally taxable). The outlook is stable. The revision to stable reflects our view of Oklahoma's responsive budget management and the presence of constitutional and statutory procedures embedded within its government framework

  
Brief Excerpt:

...S&P Global Ratings has revised its outlook on the state of Oklahoma to stable from negative and affirmed its '##' rating on the state's general creditworthiness and its '##-' long-term ratings on the state's approximately $2.2 billion of lease appropriation-backed debt, issued for Oklahoma by the Oklahoma Capitol Improvement Authority (OCIA) and Oklahoma Development Finance Authority (ODFA). S&P Global Ratings also assigned its '##-' long-term rating to ODFA's $10.68 master real property lease revenue bonds, series 2021A (tax-exempt), and $35.03 million master real property lease revenue bonds, series 2021B (federally taxable). The outlook is stable....

  
Report Type:

Full Report

Issuer
Sector
Global Issuers, Public Finance, Structured Finance
Country
Region
Format:
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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.

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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Oklahoma Oklahoma Development Finance Authority Oklahoma Capitol Improvement Authority; Appropriations; General Obligation" Apr 13, 2021. Alacra Store. May 05, 2024. <http://www.alacrastore.com/s-and-p-credit-research/Oklahoma-Oklahoma-Development-Finance-Authority-Oklahoma-Capitol-Improvement-Authority-Appropriations-General-Obligation-2627121>
  
APA:
S&P Global Ratings’ Credit Research. (). Oklahoma Oklahoma Development Finance Authority Oklahoma Capitol Improvement Authority; Appropriations; General Obligation Apr 13, 2021. New York, NY: Alacra Store. Retrieved May 05, 2024 from <http://www.alacrastore.com/s-and-p-credit-research/Oklahoma-Oklahoma-Development-Finance-Authority-Oklahoma-Capitol-Improvement-Authority-Appropriations-General-Obligation-2627121>
  
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