Summary: AARP, District of Columbia; Joint Criteria; Non-Profit Organizations - S&P Global Ratings’ Credit Research

Summary: AARP, District of Columbia; Joint Criteria; Non-Profit Organizations

Summary: AARP, District of Columbia; Joint Criteria; Non-Profit Organizations - S&P Global Ratings’ Credit Research
Summary: AARP, District of Columbia; Joint Criteria; Non-Profit Organizations
Published Oct 21, 2021
7 pages (3134 words) — Published Oct 21, 2021
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

S&P Global Ratings affirmed its 'AA' ratings on AARP, D.C., and its debt outstanding. The outlook is stable. In addition, S&P Global Ratings affirmed its 'AA+/A-1' dual rating on the organization's series 2001A taxable notes. The 'AA+' long-term component of the rating reflects the application of our joint criteria based on Bank of America N.A. (BOA) as the letter of credit provider and the 'AA' SPUR on AARP. The short-term component of the rating reflects the short-term rating on BOA. The rating reflects our view of AARP's strong brand, experienced management team, and prudent investment policies amid its operations as the nation's largest membership organization for individuals aged 50 and older. The rating also reflects our view of AARP's robust

  
Brief Excerpt:

...S&P Global Ratings affirmed its '##' ratings on AARP, D.C., and its debt outstanding. The outlook is stable. In addition, S&P Global Ratings affirmed its '##+/A-1' dual rating on the organization's series 2001A taxable notes. The '##+' long-term component of the rating reflects the application of our joint criteria based on Bank of America N.A. (BOA) as the letter of credit provider and the '##' SPUR on AARP. The short-term component of the rating reflects the short-term rating on BOA....

  
Report Type:

Summary

Issuer
AARP
Sector
Public Finance
Country
United States
Region
United States
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Summary: AARP, District of Columbia; Joint Criteria; Non-Profit Organizations" Oct 21, 2021. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Summary-AARP-District-of-Columbia-Joint-Criteria-Non-Profit-Organizations-2742833>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: AARP, District of Columbia; Joint Criteria; Non-Profit Organizations Oct 21, 2021. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-AARP-District-of-Columbia-Joint-Criteria-Non-Profit-Organizations-2742833>
  
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