S&P Corrects Iowa Finance Authority's Series 2007A Bond Rating To 'AA' - S&P Global Ratings’ Credit Research

S&P Corrects Iowa Finance Authority's Series 2007A Bond Rating To 'AA'

S&P Corrects Iowa Finance Authority's Series 2007A Bond Rating To 'AA' - S&P Global Ratings’ Credit Research
S&P Corrects Iowa Finance Authority's Series 2007A Bond Rating To 'AA'
Published Feb 01, 2010
Published Feb 01, 2010
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Abstract:

SAN FRANCISCO (Standard&Poor's) Feb. 1, 2010--Standard&Poor's Ratings Services corrected and raised its long-term rating to 'AA' from 'AA-' on the Aug. 1, 2037, maturity (CUSIP #46246BJW3) of Iowa Finance Authority's variable-rate multifamily housing bonds, series 2007A. The rating is based on Iowa Finance Authority's general obligation (GO) rating. On Feb. 24, 2009, we raised the rating on Iowa Finance Authority's outstanding GO debt to 'AA' from 'AA-' (please see the article published March 5, 2009, on RatingsDirect). However, due to an administrative error, we did not contemporaneously raise the long-term rating on the Aug. 1, 2037, maturity of the series 2007A bonds.

  
Report Type:

Ratings Action

Issuer
Iowa Finance Authority
Sector
Global Issuers, Public Finance
Country
United States
Region
United States
Format:
PDF Adobe Acrobat
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MLA:
S&P Global Ratings’ Credit Research. "S&P Corrects Iowa Finance Authority's Series 2007A Bond Rating To 'AA'" Feb 01, 2010. Alacra Store. May 25, 2025. <http://www.alacrastore.com/s-and-p-credit-research/S-P-Corrects-Iowa-Finance-Authority-s-Series-2007A-Bond-Rating-To-AA-772487>
  
APA:
S&P Global Ratings’ Credit Research. (). S&P Corrects Iowa Finance Authority's Series 2007A Bond Rating To 'AA' Feb 01, 2010. New York, NY: Alacra Store. Retrieved May 25, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/S-P-Corrects-Iowa-Finance-Authority-s-Series-2007A-Bond-Rating-To-AA-772487>
  
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