S&P Revises Rating On Los Angeles' Series 1999T Revenue Bonds To 'AA' - S&P Global Ratings’ Credit Research

S&P Revises Rating On Los Angeles' Series 1999T Revenue Bonds To 'AA'

S&P Revises Rating On Los Angeles' Series 1999T Revenue Bonds To 'AA' - S&P Global Ratings’ Credit Research
S&P Revises Rating On Los Angeles' Series 1999T Revenue Bonds To 'AA'
Published Mar 21, 2014
Published Mar 21, 2014
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About This Report

  
Abstract:

NEW YORK (Standard&Poor's) March 21, 2014--Standard&Poor's Ratings Services has corrected by lowering its rating on Los Angeles' series 1999T multifamily housing revenue bonds, issued for the L'Canon Club Apartments, by one notch to 'AA' from 'AA+'. The outlook is stable. The rating reflects a guaranteed investment contract provided by IXIS Corporate&Investment Bank (AA/A-1+) and a guaranty provided by Caisse des Depots et Consignations (AA/A-1+).

  
Report Type:

Ratings Action

Issuer
Los Angeles
Sector
Global Issuers, Public Finance
Country
United States
Region
United States
Format:
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MLA:
S&P Global Ratings’ Credit Research. "S&P Revises Rating On Los Angeles' Series 1999T Revenue Bonds To 'AA'" Mar 21, 2014. Alacra Store. May 15, 2025. <http://www.alacrastore.com/s-and-p-credit-research/S-P-Revises-Rating-On-Los-Angeles-Series-1999T-Revenue-Bonds-To-AA-1281806>
  
APA:
S&P Global Ratings’ Credit Research. (). S&P Revises Rating On Los Angeles' Series 1999T Revenue Bonds To 'AA' Mar 21, 2014. New York, NY: Alacra Store. Retrieved May 15, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/S-P-Revises-Rating-On-Los-Angeles-Series-1999T-Revenue-Bonds-To-AA-1281806>
  
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