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S&P Rates District of Columbia's $50M TRANs 'SP-1+'

Published Nov 20, 1997

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Abstract:

NY -- Standard&Poor's CreditWire 11/20/97 -- Standard&Poor's today assigned its 'SP-1'-plus rating to the District of Columbia's $50 million G.O. TRANs series 1998C. The rating is based on a direct-pay LOC provided by Union Bank of Switzerland. The LOC covers principal and interest on the notes and expires on Oct. 5, 1998. Note proceeds will be used to finance governmental expenses of the district for the fiscal year ending Sept. 30, 1998. The notes are not subject to redemption prior to maturity, Standard&Poor's said. -- CreditWire

Report Type:

Ratings Action

Issuer

District of Columbia

Sector

Global Issuers, Public Finance

Country

United States

Region

United States

Format:

HTML

Summary: District of Columbia, DC; General Obligation, Local GO – 1997/12/02 – US$ 225.00

S&P Rts Dst of Columbia/Smithsonian Inst Bnds AAA – 1997/12/03 – US$ 150.00

Summary: District of Columbia, DC; Revenue - Higher Education, Non-Profit Organizations – 1997/12/09 – US$ 225.00

Dist of Columbia/Howard Univ Outlk to Stable by S&P – 1997/12/17 – US$ 150.00

Summary: District of Columbia, DC; Revenue - Higher Education, Private Coll/Univ - General Obligation – 1997/12/22 – US$ 225.00

Summary: District of Columbia, DC; Revenue - Utility, Note – 1997/11/10 – US$ 225.00

Summary: District of Columbia, DC; General Obligation, Local Lease – 1997/08/12 – US$ 225.00

S&P Places District of Columbia GO Bonds on Watch,Pos – 1997/08/07 – US$ 150.00

S&P Rates District of Columbia's Rev Bnds AA- SPUR – 1997/07/11 – US$ 150.00

Summary: District of Columbia, DC; General Obligation, State GO – 1997/06/30 – US$ 225.00

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MLA:	S&P Global Ratings’ Credit Research. "S&P Rates District of Columbia's $50M TRANs 'SP-1+'" Nov 20, 1997. Alacra Store. May 24, 2025. <http://www.alacrastore.com/s-and-p-credit-research/S-P-Rates-District-of-Columbia-s-50M-TRANs-SP-1-42462>

APA:	S&P Global Ratings’ Credit Research. (). S&P Rates District of Columbia's $50M TRANs 'SP-1+' Nov 20, 1997. New York, NY: Alacra Store. Retrieved May 24, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/S-P-Rates-District-of-Columbia-s-50M-TRANs-SP-1-42462>

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