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S&PCORRECT: Illinois Development Finance Authority Variable Rate Demand Notes on Watch Neg

Published Oct 30, 2001

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Abstract:

(Editor's note: In the press release dated Oct. 30, 2001, the headline incorrectly stated the debt type being placed on CreditWatch. A corrected version follows.) NEW YORK (Standard&Poor's) Oct. 30, 2001--Standard&Poor's today placed its 'A-1'-plus rating on one Harris Trust&Savings Bank, Chicago, Ill. supported variable rate demand note program on CreditWatch with negative implications. This rating action follows the Oct. 29, 2001, placement of the ratings of Harris Trust&Savings Bank, Chicago, Ill. on CreditWatch with negative implications. HARRIS TRUST&SAVINGS BANK, CHICAGO, IL SUPPORTED VARIABLE RATE DEMAND NOTE PROGRAM ON CREDITWATCH NEGATIVE Illinois Development Finance Authority $13 million variable rate demand notes, fiscal year 2001-2002A A-1+

Report Type:

Ratings Action

Issuer

Illinois Finance Authority

Sector

Global Issuers, Public Finance, Structured Finance

Country

United States

Region

United States

Format:

PDF

Summary: Illinois Dev Fin Auth; Housing, Section 8 – 2002/05/06 – US$ 225.00

Summary: Illinois Dev Fin Auth; Housing, Single Family Multiple MBS – 2002/09/06 – US$ 225.00

Illinois Development Finance Authority; Appropriation, Appropriation – 2002/10/10 – US$ 500.00

Summary: Illinois Dev Fin Auth; Appropriation, Appropriation – 2002/10/11 – US$ 225.00

Summary: Illinois Dev Fin Auth; Public Finance Structured, Letter of Credit – 2002/11/22 – US$ 225.00

Summary: Illinois Dev Fin Auth; Housing, Multifamily FHA Insurance – 2001/09/06 – US$ 225.00

Summary: Illinois Dev Fin Auth; Housing, Section 8 – 2001/08/28 – US$ 225.00

Summary: Illinois Dev Fin Auth; Housing, Section 8 – 2001/07/12 – US$ 225.00

Summary: Illinois Dev Fin Auth; Public Finance Structured, Letter of Credit – 2001/06/05 – US$ 225.00

Summary: Illinois Dev Fin Auth; Tax Secured, General Obligation; Tax Secured, School State Program – 2001/03/09 – US$ 225.00

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MLA:	S&P Global Ratings’ Credit Research. "S&PCORRECT: Illinois Development Finance Authority Variable Rate Demand Notes on Watch Neg" Oct 30, 2001. Alacra Store. May 23, 2025. <http://www.alacrastore.com/s-and-p-credit-research/S-PCORRECT-Illinois-Development-Finance-Authority-Variable-Rate-Demand-Notes-on-Watch-Neg-266596>

APA:	S&P Global Ratings’ Credit Research. (). S&PCORRECT: Illinois Development Finance Authority Variable Rate Demand Notes on Watch Neg Oct 30, 2001. New York, NY: Alacra Store. Retrieved May 23, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/S-PCORRECT-Illinois-Development-Finance-Authority-Variable-Rate-Demand-Notes-on-Watch-Neg-266596>

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