Rating On Colorado Housing and Finance Authority's Adjustable-Rate Multifamily Project Bonds Revised To 'AAA/A-1+' - S&P Global Ratings’ Credit Research

Rating On Colorado Housing and Finance Authority's Adjustable-Rate Multifamily Project Bonds Revised To 'AAA/A-1+'

Rating On Colorado Housing and Finance Authority's Adjustable-Rate Multifamily Project Bonds Revised To 'AAA/A-1+' - S&P Global Ratings’ Credit Research
Rating On Colorado Housing and Finance Authority's Adjustable-Rate Multifamily Project Bonds Revised To 'AAA/A-1+'
Published Jan 12, 2010
Published Jan 12, 2010
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Abstract:

SAN FRANCISCO (Standard&Poor's) Jan. 12, 2010--Standard&Poor's Ratings Services revised its rating on the Colorado Housing and Finance Authority's class I adjustable-rate multifamily project bonds, series 2006A, to 'AAA/A-1+' from 'AAA/A-2' following the substitution of a standby bond purchase agreement (SBPA) from the Barclays Bank PLC ('A-1+' short-term rating) for Depfa Bank PLC ('A-2' short-term rating) on Jan 13, 2010. The SPBA will cover 100% of principal and interest for 183 days. The SBPA expires on Jan. 13, 2011, unless terminated earlier according to its terms. The only automatic termination event without notice is for the downgrade of the long-term rating on the bonds, currently 'AAA', to below 'BBB-'. Should the long-term rating on the bonds, currently

  
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Ratings Action

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Global Issuers, Public Finance
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MLA:
S&P Global Ratings’ Credit Research. "Rating On Colorado Housing and Finance Authority's Adjustable-Rate Multifamily Project Bonds Revised To 'AAA/A-1+'" Jan 12, 2010. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Rating-On-Colorado-Housing-and-Finance-Authority-s-Adjustable-Rate-Multifamily-Project-Bonds-Revised-To-AAA-A-1-768423>
  
APA:
S&P Global Ratings’ Credit Research. (). Rating On Colorado Housing and Finance Authority's Adjustable-Rate Multifamily Project Bonds Revised To 'AAA/A-1+' Jan 12, 2010. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Rating-On-Colorado-Housing-and-Finance-Authority-s-Adjustable-Rate-Multifamily-Project-Bonds-Revised-To-AAA-A-1-768423>
  
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