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S&PGR Revises Rating Outlooks On Various AIG Financial Products Corp. GIC-Supported Bond Series To Negative

Published Jun 15, 2016

About This Report

Abstract:

NEW YORK (S&P Global Ratings) June 15, 2016--S&P Global Ratings corrected by revising its rating outlooks on the following series, supported by guaranteed-investment contracts (GIC) provided by AIG Financial Products Corp., to negative. They are: Meigs County, Ohio's series 1986 industrial development Ginnie Mae-collateralized bonds (Meigs County Convalescent Center); Los Angeles' series 1997A-2 and 1997B single-family mortgage revenue bonds; New Mexico Mortgage Finance Authority's series 2004C and 2004D taxable multifamily housing revenue bonds (the Alta Vista apartment project); and San Bernardino County, Calif.'s series 1997B single-family home mortgage revenue bonds (the mortgage-backed securities program).

Report Type:

Ratings Action

Issuer

Los Angeles

Sector

Global Issuers, Public Finance, Structured Finance

Country

United States

Region

United States

Format:

PDF

Summary: Los Angeles, California; Note – 2016/06/20 – US$ 225.00

Summary: Los Angeles; Solid Waste/Resource Recovery – 2017/01/26 – US$ 225.00

American International Group Inc., NY Various GIC-Supported Bond Series Ratings Lowered To 'BBB+' – 2017/03/10 – US$ 150.00

Los Angeles, CA 2017A, B, And C Wastewater System Subordinate Bonds Assigned 'AA' Rating – 2017/05/03 – US$ 150.00

Summary: Los Angeles, California; Water/Sewer – 2017/05/03 – US$ 225.00

Summary: Los Angeles, California; Note – 2016/06/14 – US$ 225.00

Los Angeles, CA Refunding Lease Revenue Bonds Assigned 'A+' Rating – 2016/04/28 – US$ 150.00

Summary: Los Angeles, California; Appropriations; General Obligation – 2016/04/28 – US$ 225.00

Summary: Los Angeles; Letter Of Credit – 2015/12/15 – US$ 225.00

Summary: Los Angeles Convention Center, California Los Angeles; Letter Of Credit – 2015/11/20 – US$ 225.00

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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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Cite this Report


MLA:	S&P Global Ratings’ Credit Research. "S&PGR Revises Rating Outlooks On Various AIG Financial Products Corp. GIC-Supported Bond Series To Negative" Jun 15, 2016. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/S-PGR-Revises-Rating-Outlooks-On-Various-AIG-Financial-Products-Corp-GIC-Supported-Bond-Series-To-Negative-1656786>

APA:	S&P Global Ratings’ Credit Research. (). S&PGR Revises Rating Outlooks On Various AIG Financial Products Corp. GIC-Supported Bond Series To Negative Jun 15, 2016. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/S-PGR-Revises-Rating-Outlooks-On-Various-AIG-Financial-Products-Corp-GIC-Supported-Bond-Series-To-Negative-1656786>

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