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Sumitomo Mitsui Banking Corp LOC Facility-Bckd Muni Iss on CreditWatch Negative

Published Jan 24, 2002

359 words — Published Jan 24, 2002

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Abstract:

NEW YORK (Standard&Poor's) Jan. 24, 2002—Standard&Poor's today placed the ratings of three Sumitomo Mitsui Banking Corp.. LOC facility-backed municipal issues on CreditWatch with negative implications (see list below). This action follows the Nov. 27, 2001, placement of Sumitomo Mitsui Banking Corp.'s long-term rating of triple-'B' on CreditWatch negative. 3 SUMITOMO MITSUI BANK CORP. LOC-BACKED MUNICIPAL ISSUES Issuer/Issue Amt($mil) Rating Albuquerque, N.M. Street improvement, water and sewer bonds (Special Assessment District #223) subseries A-D 9.335 BBB+ Broward County School Board Leasing Corp., Fla. Certificate of participation (Broward County School District) series 1989 18.425 BBB+ Maine Health and Higher Education Facility Authority Taxable reserve fund Resolution revenue bonds (Nursing Home) series 1993A 51.960 BBB+

Brief Excerpt:

RESEARCH Sumitomo Mitsui Banking Corp LOC Facility-Bckd Muni Iss on CreditWatch Negative Publication date: 24-Jan-2002 NEW YORK (Standard & Poor's) Jan. 24, 2002ùStandard & Poor's today placed the ratings of three Sumitomo Mitsui Banking...

Report Type:

Ratings Action

Issuer

Albuquerque

Sector

Global Issuers, Public Finance, Structured Finance

Country

United States

Region

United States

Format:

HTML

Sumitomo Mitsui Banking Corp. Credit LOC-Backed Municipal Issues Downgraded; Off Watch – 2002/02/13 – US$ 150.00

Canadian Imperial Bank of Commerce LOC-Backed Municipal Issues Lowered – 2002/10/17 – US$ 150.00

Bayerische Hypo-und Vereinsbank Primary Market Liquidity Fac-Backed Issues Placed on Watch Neg – 2002/11/06 – US$ 150.00

Bayerische Hypo-und Vereinsbank AG Liquidity Facility-Backed Municipal Issues Lowered – 2002/12/12 – US$ 150.00

Albuquerque, NM's GO Bonds Series 2003A, B, and C Rated 'AA'; Outlook Stable – 2003/05/30 – US$ 150.00

Albuquerque, N.M.'s GO Bonds Rated 'AA'; Outstanding Debt Affirmed – 2002/01/04 – US$ 150.00

Albuquerque, New Mexico; Tax Secured, General Obligation – 2002/01/04 – US$ 500.00

Summary: Albuquerque, NM; Tax Secured, General Obligation – 2002/01/04 – US$ 225.00

Albuquerque, New Mexico; Utility, Water/Sewer – 2001/12/04 – US$ 500.00

Summary: Albuquerque, NM; Utility, Water/Sewer – 2001/12/04 – US$ 225.00

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MLA:	S&P Global Ratings’ Credit Research. "Sumitomo Mitsui Banking Corp LOC Facility-Bckd Muni Iss on CreditWatch Negative" Jan 24, 2002. Alacra Store. May 06, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Sumitomo-Mitsui-Banking-Corp-LOC-Facility-Bckd-Muni-Iss-on-CreditWatch-Negative-228134>

APA:	S&P Global Ratings’ Credit Research. (). Sumitomo Mitsui Banking Corp LOC Facility-Bckd Muni Iss on CreditWatch Negative Jan 24, 2002. New York, NY: Alacra Store. Retrieved May 06, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Sumitomo-Mitsui-Banking-Corp-LOC-Facility-Bckd-Muni-Iss-on-CreditWatch-Negative-228134>

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